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Announced Thu, 5 Jun · 19:52 IST

Enclosed please find a release on the captioned subject.

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AI summary

HCLTech announced the winners of the second edition of its Climate Action Grant in the Americas, awarding a total of $1 million to three NGOs. Osa Conservation (Costa Rica) received $500,000 for climate habitat corridors, while Daily Acts (California) and Ocean Wise (Canada) each received $250,000 for community resilience and kelp forest restoration respectively. Applications grew over 70% year-on-year, with registrations up 34% across 10 eligible countries. HCLTech has committed $5 million over five years to this grant program since its 2023 launch and over $175 million total in CSR programs to date.

Likely market impact

This is a CSR/philanthropy announcement with no direct material impact on HCLTech's financials, business operations, or stock price. It reflects the company's sustainability branding rather than any revenue, order, or guidance change.