HCL Infosystems' UAE-Based Step-Down Subsidiary Gets Dissolved

MT Newswires Live

2025/04/04

HCL Infosystems (NSE:HCL-INSYS, BOM:500179) said its UAE-based step-down subsidiary, Nuture Technologies FZE, has been dissolved with effect from Thursday, according to a same-day disclosure to the Indian stock exchanges.

The company has received a confirmation letter from the Dubai Integrated Economic Zones Authority confirming the dissolution.

Shares of the company were down over 2% in recent trade.

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