HCL Technologies Limited has informed the Exchange regarding 'Release-"HCLFoundation announces winners of 2025 HCLTech Grant"'.
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HCLTech's CSR arm HCLFoundation announced the winners of the 10th edition of the HCLTech Grant, a program supporting Indian NGOs working in education, healthcare, and the environment. A total of ₹16.5 crore (~$2M) will be awarded, with three winning NGOs each receiving ₹5 crore (~$580,700) and six runner-up NGOs receiving ₹25 lakh (~$29,000) each. The program drew over 13,925 registrations from NGOs across India this year. To date, HCLFoundation has awarded ₹152.8 crore (~$18.4 million) through this initiative, supporting 59 projects across 142 districts in 22 states and 2 union territories.
This is a corporate social responsibility announcement with no direct financial impact on HCLTech's earnings or stock price. It strengthens the company's brand as a socially responsible organization, which may support long-term reputation and stakeholder goodwill.