Announced Thu, 9 Jul · 17:00 IST
HCLFoundation signs MoU with UP govt for sustainable cities
Compliance View source PDF
HCLTECH · price
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Price reaction · full curve 14 horizons · vs prior close
+6.1%1-day move
₹1151.00
prior close
₹1173.00
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AI summary
HCLFoundation, the CSR arm of HCLTech, signed an MoU with the UP Urban Development Department to improve waste management in Hardoi, Prayagraj and Agra. The collaboration covers strategic planning, pilot projects, policy reforms and IT-enabled solutions. Under the My Clean City program, HCLFoundation donated 10 E-drain carts and 10 E-garbage loaders to Hardoi Nagar Palika and unveiled 3 reverse vending machines. It also plans model markets and wards in Hardoi. HCLFoundation has impacted over 8.5 million lives so far.
Likely market impact
CSR initiative with no direct financial impact; positive for ESG profile and government relations.