HCL group co secures 103 crore award in case against UIDAI

BENGALURU: HCL Infosystems, a part of HCL group, won an arbitration case against the UIDAI, securing an award of about Rs 102.8 crore, including interest at 10% per annum until the date of the award and continuing until recovery, the company said in a stock exchange filing on Monday.

The dispute related to unpaid dues and additional costs for managed service provider (MSP) services rendered to UIDAI during the extended contract period from Aug 7, 2019, to Aug 6, 2021.

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