HCL Infosystems: Stock jumps after completing acquisition of Pimpri Chinchwad eServiceHCL Infosystems: Stock jumps after completing acquisition of Pimpri Chinchwad eService

Introduction

Leading IT company completed the acquisition of the remaining 15 percent stake in its subsidiary, making it wholly owned. The subsidiary has been inactive since inception with no business operations or turnover.

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Share price movement of HCL Infosystems

On September 5, 2025, HCL Infosystems Ltd opened at ₹15.80, up 1.15% from its previous close of ₹15.62. The stock reached a high of ₹16.12 (3.21%) and a low of ₹15.60. By 2:34 PM, it traded at ₹15.99, a 2.37% increase, with a market cap of ₹526.41 crore.

HCL Infosystems Completes Acquisition of Pimpri Chinchwad eService

HCL Infosystems Limited completed the acquisition of the remaining 15 percent stake in Pimpri Chinchwad eService Limited. The acquisition involved 7,500 shares at Rs. 1 per share.

Following the acquisition, Pimpri Chinchwad eService Limited became a wholly-owned subsidiary of HCL Infosystems Limited. The company had previously held an 85 percent stake. No governmental or regulatory approvals were required for this transaction.

Pimpri Chinchwad eService Limited, incorporated on September 21, 2010, is a special purpose vehicle for providing WiFi services. The entity has no turnover and has not conducted any business since its inception.

Stock performance of HCL Infosystems for Period of 1 week, 6 months, and 1 year

HCL Infosystems Ltd delivered a 0.96% return over the past week and gained 13.7% in the past six months. The stock declined by 2.48% over the past year.

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Shareholding pattern of HCL Infosystems

Particulars	Jun 2025	Mar 2025	Dec 2024
Promoter	62.90%	62.90%	62.90%
FII	0.00%	0.00%	0.00%
DII	0.00%	0.00%	0.00%
Public	37.10%	37.10%	37.00%

About HCL Infosystems

HCL Infosystems Ltd (NSE: HCL-INSYS), incorporated in 1986, provides enterprise distribution services, hardware products and solutions, annual maintenance contracts, IT services, and learning programs, catering to business customers across multiple technology segments.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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