HCL T members nod for Deutsche placement

The shareholders of HCL Technologies at their extraordinary general meeting held today have approved the preferential issue of 19,358,989 fully paid up equity shares of Rs 2/- each of the company at a price of Rs 361/- per share (including Rs 359/- per share as share premium) to Deutsche Bank AG, Germany in consideration for acquiring 4,900 issued and outstanding shares of DSI Financial Solutions, Singapore representing 49% stake therein, according to a release issued to the BSE.