HCL Technologies Limited (HCLTECH) — Announcement

📢 Key Event
HCLTech finalizes 10.46% stake acquisition in Sarvam AI via Rs.1,427.25 crore investment

🔄 What Changed
Acquisition of 10.46% stake in Sarvam AI completed

🔮 What's Next
Series B2 CCPS will be converted into equity shares at a later date

💡 Investor Takeaway
This investment establishes HCLTech's strategic foothold in AI through a minority stake in Sarvam AI.

HCL Technologies announced completion of its investment in Axonwise Private Limited (Sarvam AI), acquiring a 10.46% stake through the subscription of 41,421 Series B2 CCPS for Rs.1,427.25 crores, finalized on June 25, 2026, as confirmed in a regulatory filing to BSE and NSE.

📄 View Original Announcement (PDF)

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