HCL Technologies Limited (“company”) announced termination of joint venture agreement between the company and Great American Insurance Company (GAIC). GAIC has agreed and consented to sell to HCL Technologies Limited its 8% shares in HCL Eagle Limited in accordance with the terms of JV termination agreement. The price, which is the face value of the GAIC shares, is subject to the approval of the Reserve Bank of India. The joint venture termination agreement is date January 4, 2018. The joint venture between HCL Technologies Limited and GAIC has been terminated on mutual understanding to reduce financial/operational overheads.