HCL Infosystem had said in July that it was in discussions with the US-based tech giant to distribute its products in India.
In a regulatory filing yesterday, HCL Infosystems said it has signed an agreement for "distribution of iPhone and other Apple products" with Apple India.
It had signed a non-disclosure agreement with Apple India on December 23, 2016 and expressed interest in taking up distribution of Apple products in the country.
Currently, Apple has distribution tie-ups with companies like Ingram Micro, Redington, Rashi Peripherals and Beetel Teletech in India.
HCL Infosystems is a IT services, solutions and distribution company, which currently distributes products of global brands like Intel, AMD, Microsoft, Oracle, IBM and Dell. In the last fiscal it had reported a loss of Rs 254 crore on revenues of 3,879 crore and for the three months ending June 30, 2017 it had a loss of Rs 55 crore on revenues of Rs 714 crore.
Sares of HCL Infosystems closed 9.40 per cent higher at Rs 47.10 compared to Monday's close of Rs 42.90.