HCL Q4 net jumps to Rs 91 crore

Buoyed by the good result, the company said it will place its disinvestment plan before the Cabinet for approval within a fortnight.

“We will seek Cabinet approval in the next 15 days for a proposal to issue 18.4 crore shares of Rs 5 each. Then it will be referred to the Cabinet Committee on Economic Affairs,” said HCL Chairman and Managing Director Shakeel Ahmed.

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