Friday, July 17, 2020

Roshni Nadar Malhotra replaces father as new HCL Technologies chairperson

Roshni Nadar Malhotra replaces father as new HCL Technologies chairperson
New Delhi: IT firm HCL Technologies on Friday posted a 31.7 percent rise in consolidated net profit at Rs 2,925 crore for the June 2020 quarter and said that Shiv Nadar has stepped down from the Chairman’s role. Nadar’s daughter, Roshni Nadar Malhotra, will succeed him with immediate effect.
The IT major had registered a net profit of Rs 2,220 crore in the April-June 2019 quarter (as per US GAAP), HCL Technologies said in a regulatory filing.

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