HCL Technologies AGM 2026: agenda, dividend, e-voting

AGM date, time, and how shareholders can attend

HCL Technologies Limited has scheduled its 34th Annual General Meeting (AGM) for Wednesday, August 12, 2026 at 11:00 A.M. (IST). The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The company said the AGM Notice and the Annual Report for FY 2025-26 have been sent electronically to members who have registered their email addresses. It also noted that the documents are available on the company’s website (www.hcltech.com). The company’s equity shares trade under the scrip code 532281. The stock price cited in the filing context was ₹1,365 with 0.00% change at that point.

What HCL Technologies filed alongside the AGM update

Along with the AGM schedule, HCL Technologies filed its FY 2025-26 Business Responsibility and Sustainability Report (BRSR). The BRSR filing is part of the company’s broader annual reporting set and comes alongside the AGM process for shareholder approvals. The filings include the procedural information investors typically use for voting and attendance, including e-voting timelines and the cut-off date. The company also provided investor contact details in the communication, including its Company Secretary and the investor relations email IDs. These disclosures matter because they set the formal timeline for shareholder actions, especially for investors who rely on remote e-voting.

Key ordinary business: adoption of FY26 financial statements

The ordinary business at the AGM includes consideration and adoption of the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. This includes the Reports of the Board of Directors and the Auditors. For most shareholders, this is the central statutory item, as it closes the reporting loop for FY26. HCL’s FY26 numbers referenced in the same context show a high level snapshot of performance and cash generation during the year. The adoption item is also the base for understanding dividend decisions already announced for FY26.

Director re-appointment item: Shikhar Neelkamal Malhotra

The AGM agenda includes re-appointment of Mr. Shikhar Neelkamal Malhotra (DIN: 00779720) as a Director liable to retire by rotation. This is presented as part of the ordinary business. Such resolutions are routine in listed-company governance where directors retire by rotation and seek shareholder approval to continue. Investors generally track these items as they indicate board continuity and succession planning. In this notice, the company clearly listed the name and DIN for identification.

Special business: Jacob Christian Dahl as Independent Director

As special business, members will consider the appointment of Mr. Jacob Christian Dahl (DIN: 11758422) as a Non-Executive Independent Director. The proposed term is five consecutive years commencing July 13, 2026 to July 12, 2031. The notice positions this as a shareholder approval item to formalise board composition. Independent director appointments often draw attention from governance-focused investors, since independence and committee participation can influence oversight. The company provided the exact start and end dates of the proposed tenure.

E-voting window and cut-off date

HCL Technologies has specified a cut-off date and a remote e-voting window for the AGM. The cut-off date for e-voting is Wednesday, August 5, 2026. Remote e-voting starts at 9:00 a.m. (IST) on Friday, August 7, 2026, and ends at 5:00 p.m. (IST) on Tuesday, August 11, 2026. These dates matter for shareholders who want to participate without joining the VC/OAVM meeting live. The company’s timeline also provides clarity for custodians and institutional investors that vote through internal processes.

FY26 performance snapshot: revenue, profitability, and cash flow

HCL Technologies reported FY 2025-26 consolidated revenue from operations of ₹1,30,144 crore, up 11.20% year-on-year. Profit after tax (PAT) for the year was ₹16,652 crore, and free cash flow was ₹18,553 crore. The company also reported EBIT (excluding one-time impact) of ₹22,397 crore and an EBIT margin (excluding one-time impact) of 17.90%. Net worth was reported at ₹75,165 crore, with return on invested capital (ROIC) at 40.30%. In the same information set, HCL noted annualised Advanced AI revenue of $120 million and new deal total contract value (TCV) of $1.3 billion (equivalent to $1,300 million when expressed in a single unit). It also stated it recorded the fastest constant currency revenue growth among comparable peers for the third consecutive year.

Dividend declarations mentioned across FY26 and FY27

For FY26, the Board approved a total dividend payout of ₹60 per share, translating to 97.6% of net income being returned to shareholders. Separately, the company stated that the Board declared an interim dividend of ₹24 per share for FY 2026-27 on April 21, 2026. In the Q1FY27 update for the quarter ended June 30, 2026, HCL Technologies also declared an interim dividend of ₹12 per equity share of ₹2 each. The record date for this ₹12 dividend is July 17, 2026, and the payment is scheduled for July 27, 2026. The company also noted that the statutory auditors issued an unmodified review report on the Q1 results.

Q1FY27 numbers and deal commentary disclosed

For Q1FY27, HCL Technologies reported consolidated net profit of ₹4,626 crore for the quarter ended June 30, 2026. It said this was an 8.4% increase from ₹3,844 crore in the corresponding period of the previous year. Revenue from operations for the quarter was ₹34,579 crore, with a 13.94% year-on-year increase from ₹30,349 crore, and 1.76% quarter-on-quarter growth from ₹33,981 crore in Q4FY26. Consolidated total income for Q1FY27 stood at ₹34,940 crore, compared with ₹30,805 crore a year earlier. Profit before tax was ₹6,108 crore versus ₹5,189 crore in Q1FY26, and basic EPS was ₹17.09 compared with ₹14.18 in the previous year. The company also disclosed that its new deal wins in Q1FY27 were the highest ever at $1,407 million.

Stock movement context: April 2026 correction after Q4 and guidance

The broader disclosure set also referenced a sharp correction of nearly 9-10% in HCL Technologies shares on April 22, 2026, after the company reported weaker-than-expected quarterly numbers and issued subdued FY27 guidance. The stock was cited as slipping to an intraday range of ₹1,301 to ₹1,317 during that move. The cited reasons included investor concerns around slowing demand visibility, muted deal wins, and pressure on discretionary spending across key segments. Separately, HCL Tech guided for 1-4% revenue growth in constant currency for FY27, which was described as below market expectations in the provided context.

Key facts table: AGM schedule, voting dates, and dividends

Financial metrics table: FY26 and Q1FY27 highlights

Why the AGM matters for investors tracking governance and payouts

The AGM combines standard statutory approvals with key board-related votes, including a re-appointment by rotation and an independent director appointment with a defined five-year term. It also arrives at a time when investors are balancing FY26’s strong reported growth and cash flow with a more cautious constant currency revenue growth guidance range of 1-4% for FY27. Dividend disclosures are a focal point, given the stated FY26 total dividend of ₹60 per share and the interim dividend actions in FY27 described in the filings. For shareholders, the stated cut-off date and remote e-voting window determine eligibility and voting execution. The VC/OAVM format also means participation is primarily digital, which can be relevant for retail investors who depend on email delivery of the notice.

Conclusion

HCL Technologies’ 34th AGM on August 12, 2026 will be held via VC/OAVM, with shareholder voting scheduled through a defined remote e-voting window ending August 11, 2026. The agenda includes adoption of FY26 financials, re-appointment of Shikhar Neelkamal Malhotra, and the proposed appointment of Jacob Christian Dahl as an Independent Director through July 2031. Investors will also view the meeting against the backdrop of FY26 performance metrics, the stated ₹60 per share total dividend for FY26, and the interim dividend timetable disclosed for FY27. The next key milestones for shareholders are the August 5 cut-off date and the e-voting period from August 7 to August 11.