HCL Corp buys 11.71 lakh shares of HCL Infosystems

HCL Infosystems on Wednesday said its promoter HCL Corporation Pvt Ltd has bought 11.71 lakh shares of the firm for around Rs 4.5 crore.

In a filing to the Bombay Stock Exchange (BSE), HCL Infosystems said that HCL Corp through a market purchase acquired 11,71,150 shares at Rs 4.63 crore on taking its total stake in the company to 43.74 per cent. The purchase took place on both Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) platforms.

For the period ended December 31, 2012, Shiv Nadar-owned HCL Corp's stake in HCL Infosystems stood at 42.85 per cent.

HCL Corporation is the holding company of HCL Technologies and HCL Infosystems.

Shares of the company on BSE today rose by 1.52 per cent to settle at Rs 39.95 apiece from the previous close.