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CAM acts advises The Guardian Life Insurance Company of America on divestment of its entire stake in Guardian India Operations Pvt. Ltd. to HCL Technologies Ltd.

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The Guardian Life Insurance Company of America will divest its entire stake in Guardian India Operations Private Limited, including Guardian’s technology & operations global capability centre in India, to HCL Technologies Limited. Guardian and HCLTech also enter a new seven-year expanded strategic partnership to accelerate value realization and efficiency, with nearly 2,000 Guardian India employees transitioning and HCLTech creating a dedicated unit to support Guardian’s products and services, while SR Patnaik and others advise on taxation law

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