Frequently asked questions

1. Company information
2. Dividends
3. Stock information
4. Financials
5. Investor Contacts
6. Corporate Governance Policy
7. Shareholder information

Company information

1. In which year HCL Technologies Limited was incorporated?

HCL Technologies Limited (“HCL Technologies” or “the Company”) was

incorporated on 12th November, 1991 as “HCL Overseas Limited”. The certificate of
commencement of business was received on 10th February, 1992. On 14th July,
1994, the name of the Company was changed to “HCL Consulting Limited”. The
name of the Company was further changed to “HCL Technologies Limited” on 6th
October, 1999 to better reflect the line of activities of the Company.

2. What is the location of the Company’s registered office and corporate office?
Registered office: 806, Siddharth, 96, Nehru Place,
New Delhi – 110 019, India
Tel.: +91-11-26444812
Fax: +91-11-26436336
Homepage: www.hcltech.com
Corporate office: A-10/11, Sector 3,
Noida – 201301, UP, India
Tel.: +91-120-2520917
Fax: +91-120-2526907

3. What is the current profile of the Company?

HCL Technologies is one of India’s leading global IT Services companies, providing

software-led IT solutions, remote infrastructure management services and BPO.
Having made a foray into the global IT landscape in 1999 after its IPO, HCL
Technologies focuses on Transformational Outsourcing, working with clients in
areas that impact and re-define the core of their business. The Company leverages
an extensive global offshore infrastructure and its global network of offices in 16
countries to deliver solutions across select verticals including Financial Services,
Retail & Consumer, Life Sciences Aerospace, Automotive, Semiconductors,
Telecom and MPE (Media Publishing & Entertainment). For the quarter ended 31st
March, 2007, HCL Technologies, along with its subsidiaries had revenue (TTM) of
US$ 1.27 billion (Rs.5,675 crores) and employed 40,149 professionals. For more
information, please visit www.hcltech.com
 4. What is the financial year of the Company?
The financial year of the Company is from 1st July to 30th June.

5. Bonus and stock split at HCL Technologies?

Year Particulars Ratio
1999 Stock Split 2.5:1 (2.5 shares for every 1 share)
1999 Bonus Issue 1:2 (1 share for every 2 shares)
2000 Stock Split 2:1 (2 shares for every 1 share)
2007 Bonus Issue 1:1 (1 share for every 1 share)

Dividends

1. Does HCL Technologies pay dividends?

HCL Technologies has been following high dividend policy for past 15 consecutive
quarters. For FY 2005-06 dividend rate was 800%. During FY 2006-07, the
Company has declared interim dividend of 500% for its shareholders.

2. What is the dividend policy of the Company and the total dividend paid in the last
few years?

The Company's policy of considering quarterly dividends is subject to adequacy of

profits and compliance with all applicable legal requirements. Details of its past
dividends and record date/ book close dates for the same are listed as under.

Year Dividend Record Date/ Dividend Payment Face Value Dividend Dividend Total
Type Book Closure Dates Date Per Share Rate Amount Per Dividend
(Rs.) Share (Rs.) Amount
(Rs./ Lacs)

1999-2000 Final October 10-20, 2000 * November 23, 2000 4.00 5% 0.20 280.20

2000-2001 Final October 9-20, 2001 * October 25, 2001 2.00 50% 1.00 2,852.29

2001-2002 Final October 22-November November 12, 2002 2.00 75% 1.50 3,936.66
7, 2002 *

2002-2003 Interim May 19, 2003 May 24, 2003 2.00 100% 2.00 5,768.73
Final December 19-20, 2003 December 30, 2003 2.00 100% 2.00 5,910.55

2003-2004 1st Interim November 19, 2003 November 28, 2003 2.00 100% 2.00 5,910.55
2nd Interim February 5, 2004 February 13, 2004 2.00 100% 2.00 5,913.08
3rd Interim May 3, 2004 May 12, 2004 2.00 100% 2.00 5,918.16
Final December 10-17, 2004 * December 23, 2004 2.00 200% 4.00 11,902.65

2004-2005 1st Interim November 1, 2004 November 10, 2004 2.00 200% 4.00 11,883.61
2nd Interim February 2, 2005 February 11, 2005 2.00 200% 4.00 12,705.36
3rd Interim May 2, 2005 May 12, 2005 2.00 200% 4.00 12,739.02
Final December 8-16, 2005 * December 23, 2005 2.00 200% 4.00 12,853.96
 Year Dividend Record Date/ Dividend Payment Face Value Dividend Dividend Total
Type Book Closure Dates Date Per Share Rate Amount Per Dividend
(Rs.) Share (Rs.) Amount
(Rs./ Lacs)
2005-2006 1st Interim November 3, 2005 November 14, 2005 2.00 200% 4.00 12,809.66
2nd Interim January 25, 2006 February 3, 2006 2.00 200% 4.00 12,875.18
3rd Interim April 26, 2006 May 5, 2006 2.00 200% 4.00 12,920.99
Final December 6-14, 2006 * December 21, 2006 2.00 200% 4.00 12,982.84

2006-2007 1st Interim October 23, 2006 November 2, 2006 2.00 200% 4.00 12,965.99
2nd Interim January 22, 2007 February 2, 2007 2.00 200% 4.00 12,999.95
3rd Interim April 24, 2007 May 7, 2007 2.00 100% 2.00 13,273.66
* Book Closure Dates

Stock information

1. When did HCL Technologies have its Initial Public Offer (IPO)?

HCL Technologies made an initial public offering in November 1999, for the Book
Built Portion and in December 1999, for the Fixed Price Portion. The trading in the
stock commenced on 11th January, 2000.

2. In which stock exchanges the shares of HCL Technologies are listed and traded?

The equity shares of HCL Technologies are listed and traded on The National Stock
Exchange of India Ltd. (“NSE’) and Bombay Stock Exchange Ltd. (“BSE”)

Stock Exchange Codes

NSE HCLTECH
BSE 532281

3. What are the Reuters, and Bloomberg codes for the shares of the Company?

Exchange Reuters code Bloomberg code

NSE HCLT.NS NHCLT.IN
BSE HCLT.BO HCLT.IN

Financial

1. How I will come to know of the earnings release date?

The earnings release date will be posted on the website, after announcement of
result date to the stock exchanges.

2. Does HCL Technologies issue quarterly reports? How does the Company
communicate with its investors?

a) HCL Technologies issues unaudited quarterly results under US GAAP, and the
same is uploaded on its website.
 b) The financial results are also published (generally) in Financial Express and
Jansatta newspapers.
c) The Annual Reports are posted on the investors section of the Company’s
website - http://www.hcltech.com/Investors/index.asp
d) Any press releases or official news is displayed on the Company’s website in
media section, i.e. http://www.hcltech.com/Media/pressreleases/2007/index.asp
e) The Management Discussion and Analysis (MD&A) on the financial statements is
provided in the Annual Report.

3. What has been the CAGR in revenues and net income in the last three years?

The 3-year CAGR under US GAAP are:

US GAAP financia CAGR
Revenues 33%
Net income 44%

4. Does HCL Technologies provide earnings outlook?

HCL Technologies does not provide earnings outlook / estimates.

5. Does the company follow any Silent periods before quarterly results?

Yes. HCL Technologies follows quiet periods prior to its earnings release every
quarter. During a period of 15 days preceding the date of the quarterly Board
meetings for announcement of interim or final results, any officer of the Company
shall not discuss or comment on any aspect of financial performance of the
Company to any member of the media.

Investor contacts

Vikas Jadhav
Senior Manager - Investor Relations
Tel.: +91-120-2546043(D), 2520917 (Extn. 3719)
Fax: +91-120-2526907
E-mail: jadhav.v@hcl.in

Renu Yadav
Executive – Investor Relations
Tel.: +91-120-2520917 (Extn. 3652)
Fax: +91-120-2526907
E-mail: renu.yadav@hcl.in
Corporate Governance Policy

1. What is the Corporate Governance Philosophy of the Company?

The Company continues to focus on good corporate governance, in line with the
global standards, and its primary objective is to create and adhere to a corporate
culture of conscience and consciousness, integrity, transparency and accountability
for efficient and ethical conduct of business for meeting its obligations towards
shareholders and other stakeholders.

Corporate governance is an integral part of HCL Technologies and in its pursuit of

excellence, growth and value creation, it continuously endeavors to leverage
resources to translate opportunities into reality. The Company recognizes that strong
corporate governance is indispensable to resilient and vibrant capital markets and is
therefore an important instrument of investor protection. The Company endeavors to
benchmark its internal policies and systems with the best in the world.

Shareholder information

1. How do I transfer my shares in India or change my address with the transfer agents?

Physical shares

To transfer shares in physical form, you have to contact the Company’s Registrars
and Share Transfer Agents:

Alankit Assignments Limited

(Unit: HCL Technologies Limited)
205-208, Anarkali Market
Jhandewalan Extension
New Delhi-110055
Tel: +91-11-23541234, Fax: +91-11-23541967
Email: rta@alankit.com

or write to:

Manish Anand
Deputy Company Secretary
HCL Technologies Limited
A-10/11, Sector 3
Noida 210301
Uttar Pradesh, India
Tel: +91-120-2520917/937, Fax: +91-120-2526907
Email: investor@hcl.in
 Dematerialised shares

Transfer of shares in electronic form is effected through your depository participant.

General correspondence regarding shares may be addressed to the company’s
registrars, Alankit Assignments Limited, or to the Company Secretary, HCL
Technologies Limited.

2. What is the process of the Share Transfer System?

Shares sent for physical transfer are generally registered and returned within a
period of 15-20 days from the date of receipt, if the documents are clear in all
respects. Effective 24th July, 2000, the shares of the Company have been placed by
SEBI under compulsory dematerialisation (“Demat”) category and consequently,
shares of the Company can be traded only in electronic form.

The system for getting the shares dematerialized is as under:

9 Share certificate(s) along with Demat Requisition Form (DRF) is to be
submitted by the shareholder to the Depository Participant (DP) with whom
he/she has opened a Depository Account.
9 DP processes the DRF and generates a unique number viz. DRN.
9 DP forwards the DRF and share certificates to the Company’s Registrar &
Shares Transfer Agent.
9 The Company’s Registrar & Shares Transfer Agent after processing the DRF
confirm or reject the request to the Depositories.
9 Upon confirmation, the Depository gives the credit to shareholder in his/her
depository account maintained with DP.

The process of dematerialisation takes approx. 10-15 days from the date of receipt
of DRF by the Registrar & Shares Transfer Agent of the Company.

3. How many shares of the company have been dematerialized currently?

About 99.96% of the shares issued by the Company have been dematerialized as
on 31st March, 2007.

Demat ISIN Numbers in NSDL & CDSL: INE860A01027

4. When and where were the last five AGMs held?

The location and time of the last five AGMs

Year Date Venue Time

2001-2002 Nov 7, 2002 FICCI Auditorium, 10.00 A.M.
Federation House,
Tansen Marg, New Delhi.

2002-2003 Dec 20, 2003 FICCI Auditorium, 11.00 A.M.

 Federation House,
Tansen Marg, New Delhi.

2003-2004 Dec 17, 2004 FICCI Auditorium, 11.00 A.M.

Federation House,
Tansen Marg, New Delhi.

2004-2005 Dec 16, 2005 FICCI Auditorium, 11.00 A.M.

Federation House,
Tansen Marg, New Delhi.

2005-2006 Dec 14, 2006 FICCI Auditorium, 11.00 A.M.

Federation House,
Tansen Marg, New Delhi.

Pursuant to the provisions of Section 192A of the Companies Act, 1956 read with
the Companies (Passing of Resolution by Postal Ballot) Rules, 2001, the members
of the Company approved the following Resolutions on February 12, 2007 through
Postal Ballot:

1. Special Resolution for increase in the authorized share capital of the Company
and consequent amendments in the Memorandum and Articles of Association of
the Company.

2. Ordinary Resolution for capitalization of a part of the sum standing to the credit
of Securities Premium Account and issue of bonus shares to the equity
shareholders of the Company.

5. Whether the Company has designated any e-mail ID of the grievance redressel
division/ compliance officer exclusively for the purpose of registering complaints by
the investors?

Yes. The designated E-mail ID for investor grievances is investor@hcl.in