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.
Assembly Elections 2021 | Catch all the news updates here
Deccan Herald News now on Telegram - Click here to subscribe
The Covid-19 pandemic unravelled - in 84 million Tweets
Vidya's 'Sherni' makes a decent impact
Rohingya refugees take up photography to document life
Why American women everywhere are delaying motherhood
Diamond found in Botswana, could be world's 3rd largest
Four key questions on rising global inflation
Naomi Osaka withdraws from Wimbledon, targets Olympics