HCL Technologies Reconstitutes Key Board Committees Following Director Tenure Completion
HCL Technologies Ltd has approved changes to its Nomination and Remuneration Committee (NRC) and Stakeholders' Relationship Committee (SRC) following the completion of Ms. Nishi Vasudeva’s tenure as an Independent Director. The board meeting held on July 13, 2026, finalized the compositions for both committees, effective from July 31, 2026.The reconstitution ensures that both committees maintain full independent oversight and diverse membership. Ms. Nishi Vasudeva’s cessation as a member of the NRC and Chairperson of the SRC necessitated these updates to the board structure.
Nomination and Remuneration Committee (NRC) Reconstitution
To reconstitute the NRC, Mr. Jacob Christian Dahl, an Independent Director, has been co-opted as a member. The committee’s structure now includes Ms. Vanitha Narayanan, Mr. Jacob Christian Dahl, and Mr. Simon John England. Ms. Vanitha Narayanan will continue serving as the Chairperson of the NRC.The members of the NRC are detailed below:
| Committee | Members | Chairperson |
|---|---|---|
| Nomination and Remuneration Committee (NRC) | Ms. Vanitha Narayanan, Mr. Jacob Christian Dahl, Mr. Simon John England | Ms. Vanitha Narayanan |
Stakeholders' Relationship Committee (SRC) Reconstitution
The SRC has also been reconstituted with the co-option of Ms. Bhavani Balasubramanian, who is an Independent Director. The refreshed committee structure includes Ms. Bhavani Balasubramanian, Ms. Roshni Nadar Malhotra, and Mr. Shikhar Malhotra. Ms. Bhavani Balasubramanian has been appointed as the Chairperson of the SRC.The composition of the Stakeholders' Relationship Committee (SRC) is as follows:
| Committee | Members | Chairperson |
|---|---|---|
| Stakeholders' Relationship Committee (SRC) | Ms. Bhavani Balasubramanian, Ms. Roshni Nadar Malhotra, Mr. Shikhar Malhotra | Ms. Bhavani Balasubramanian |
HCLTECH Stock Price Movement
Today, shares of HCL Technologies Limited rallied, gaining 5.15% and settling at ₹1221.20 in post-market trading. The stock saw significant activity, with 9.03 million shares traded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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