HCL Infosystems Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 17, 2025 at 10:30 A.M. through VC/OAVM
HCL-INSYS · price
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HCL Infosystems has notified the stock exchanges about its 39th AGM to be held on September 17, 2025 at 10:30 AM via video conferencing. Key agenda items include adoption of FY25 audited financial statements, which show continued stress — standalone loss after tax of ₹2,185 lakhs and consolidated loss of ₹2,111 lakhs, with negative net worth on both standalone (₹29,261 lakhs) and consolidated (₹29,098 lakhs) bases. Other items are re-appointment of director Neelesh Agarwal (retiring by rotation), approval of revised remuneration for Manager Raj Kumar Sachdeva (effective July 1, 2025), appointment of M/s VKC & Associates as secretarial auditor for five years (FY26–FY30), and approval for material related party transactions with HCL Capital Private Limited up to ₹1,500 crores. E-voting window is September 14–16, 2025 with cut-off date September 10, 2025.
Shareholders should note the company's persistent losses and eroded net worth, and carefully evaluate the ₹1,500 crore related party funding proposal, which equals roughly 6,094% of FY25 consolidated turnover. Approval of the manager's minimum remuneration during inadequate-profit years and the related party funding arrangement are the most consequential items requiring shareholder vote.