Financial Markets

For financial organizations across the world, eClerx Markets offers consulting, technological innovation, and process management expertise to uniquely solve operational challenges. With nearly two decades of industry experience complemented by the application of smart automation and robotics, our team of experts delivers holistic solutions across the trade lifecycle, change management, settlements and clearing, asset servicing, data and analytics, as well as client lifecycle.


eClerx Digital is the trusted partner of choice to the world’s largest global brands for creative production, eCommerce / web operations, and analytics & insights services. We improve profitability for their digital businesses. Our team of 3000+ full-time digital delivery employees at our five production hubs in Mumbai, Pune, Chandigarh, Verona and Phuket apply deep digital expertise to effectively support the most demanding global clients utilizing a follow the sun delivery model. eClerx Digital’s innovative delivery model drives the “metrics that matter” for our clients: improved acquisition, conversion and retention and overall lifetime value of your customer 24x7x365.

Customer Operations

eClerx Customer Operations specializes in providing operational expertise and process excellence throughout the customer journey. We create solutions and services, utilizing a blend of technology and domain knowledge that support our clients’ evolving needs. Our suite of offerings enhances the customer experience by providing quality monitoring/insights, advanced analytics, automation, superior technical operations support and digital care services. We assist companies in developing, implementing and operating multichannel customer interaction capabilities –transforming everyday touchpoints into a superior customer experience.

eClerx was founded by Anjan Malik and PD Mundhra, with the goal of transitioning, managing and transforming complex business processes. The company was incorporated on March 24, 2000, as eClerx Services Private Limited under the Companies Act, 1956. At August 1, 2007, Annual General Meeting, the company was converted to a public limited company and the name was changed to eClerx Services Limited. On December 31, 2007, eClerx raised capital through an Initial Public Offering of Rs. 101 crores. The price per share was Rs. 315/-.The objective of this offering was to fund future acquisitions, set up additional facilities, infrastructure investments, and expand the sales team.

As of January 31, 2018, eClerxemployed 9,000 people globally.

eClerx has 4 delivery centres located in India (Airoli, Pune, Chandigarh) and the United States (Fayetteville, NC).

eClerx’s global offices span across the US, UK, Italy, Germany, Singapore, and Thailand along with delivery centers in India (Airoli, Pune, and Chandigarh) and the United States(Fayetteville, NC).

The address of the registered office of eClerx is:
Sonawala Building, 1st Floor, 29 Bank Street, Fort, Mumbai –400023

eClerx’s financial years end on March 31.

The equity shares of eClerx are currently listed on the National Stock Exchange of India Limited (NSE) and the BSE Limited, (BSE), which are the premier stock exchanges of India.

The share codes are as follows:

BSE Code: 532927 and NSE Code: ECLERX

Please click here to view the list of eClerx’s board of members.

eClerx was founded by Mr. PD Mundhra and Mr. Anjan Malik.

PD Mundhra, Executive Director, comes with a wealth ofexperience, having worked with Lehman Brothers in New York and Citibank in Mumbai. PD also has substantial entrepreneurial experience having previously managed a capital goods manufacturing business for 3 years. PD has a Bachelor’s degree in Commerce from St. Xavier’s College, Kolkata and MBA from the Wharton School, University of Pennsylvania.

Anjan Malik, Non-Executive Director, has worked with Accenture in Europe for 3 years and with Lehman Brothers in New York and London for over 7 years where he helped build a successful global structured products business. Anjan has a degree in Physics from Imperial College of Science & Technology, London and MBA from the Wharton School, University of Pennsylvania.

For claiming an unpaid dividend, the investors/shareholders can write to the Company Secretary at eClerx’sregistered office address or to its Registrar and Transfer Agent, Karvy Computershare Private Limited, Unit: eClerx Services Limited, Karvy Selenium Tower B, Plot 31-32, Gachibowli, Financial District, Nanakramguda, Hyderabad –500 032. Phone Nos. : 040 6716 1569 Fax No.: 040 2342 0814; Email:

The investors may note that pursuant to Section 124of the Companies Act, 2013, the balance in the Unpaid Dividend Account(s)and respective shares will be transferred to Investor Education and Protection Fund, if the same remains unclaimed for a period of seven years and thereafter no claim shall lie in respect thereof with eClerx.However, any claimant of shares transferred as above shall be entitled to claim the transfer of shares from Investor Education and Protection Fund by following the prescribed procedures and by submission of the prescribed documents in the prescribed manner. For claiming such shares, the investors/shareholders can write to the Company Secretary at Company’s registered office address or to its Registrar and Transfer agent as mentioned above.

eClerx is a debt-free company. It does not have any outstanding debt on its balance sheet.

Please click here for Shareholder details

As of 31st December, 2017, eClerx had 39,919,082 shares outstanding

Please refer to the following list of Buybacks completed by eClerx through the open market and tender offer.

Open Market Route

Financial Year Date of Board Meeting approving buyback Maximum Buyback Price announced Buyback Period Total Quantum earmarked for Buyback (Rs.)
2013-14 August 8, 2013 Rs. 825/- August 27, 2013-February 26, 2014 Rs. 405 millions

Tender Offer Route

Financial Year Date of Board Meeting approving buyback Total No. of Shares bought back Final Buyback Price Total Buyback Amount(in Millions)
2016-17 August 29, 2016 1,170,000 Rs. 2,000/- Rs. 2,340 Millions

Year Bonus Share Issue Effective Date
2010 Issue 1:2 23 Jul 2010
2015 Issue 1:3 17 Dec 2015

Kindly refer to the following data highlighting the dividend history of eClerx.

Financial Year Interim or Dividend Dividend Amount per share (INR) Date of Declaration
2007-08 Final
Final 2.00 1-Sep-08
2008-09 2.50 30-Oct-08
2008-09 10.00 26-Aug-09
2009-10 Interim 7.50 28-Oct-09
2009-10 Final 10.00 16-Sep-10
2010-11 Final 22.50 24-Aug-11
2011-12 Final 17.50 23-Aug-12
2012-13 Final 25.00 22-Aug-13
2013-14 Final 35.00 10-Jul-14
2014-15 Final 10.00 17-Jul-15
2015-16 Final 1.00 13-Jul-16
2016-17 Final 10.00 22-Aug-17

At present, eClerx does not offer a dividend reinvestment program or dividend stock program.

Feel free to contact the company Secretary at eClerx’s registered office address or contact its Registrar and Transfer Agent viz, Karvy Computershare Private Limited, Unit:eClerx Services Limited, Karvy Selenium Tower B, Plot 31-32, Gachibowli, Financial District, Nanakramguda, Hyderabad –500 032. Phone Nos. : 040 6716 1569 Fax No.: 040 2342 0814; Email:

Statutory Auditors

S. R. Batliboi & Associates LLP

Internal Auditors

Aneja Advisory Pvt. Ltd.

Shareholders holding shares in Demat mode need to contact their DPs (Depositary participant/ Broker) to note a change of address and their Bank to update account details.

In the case of Demat mode – Shareholders need to contact their DPs (Depositary participant/Broker) to transfer the shares.
In case of Physical mode –Please send a request letter signed by the legal heirs to Company or R&T Agents for transmission/deletion procedures.

To add a joint-holder name to your shareholding, please execute a stamped transfer deed (i.e. Form SH-4) and submit it to eClerx or R&T Agents for transfer. Please note that if such additions amount to a change in ownership of shares, the transfer procedure explained above mustbe followed.

When the Transfer Deed (i.e. Form SH-4) is sent to you for approval, please ensure that the requisite details such as folio number, certificate number, distinctive number, name of the holder(s), and name and address of witnesses are filled in. It is important to also ensure that the Transfer Deed is signed by the transferor(s),(signatures of all holders in case of joint holding) and a witness. Please note that attestation of transferor’s signature by a Manager of a nationalized bank where the transferor holds a savings account will minimize the chances of rejection of transfer request on account of signature mismatch. Be sure to fill in all the columns of the transfer deed, sign as transferee at appropriate places and affix share transfer stamps at 0.25% of the market value on the date of execution of the transfer deed. Please ensure that the transfer deed is duly filled in and executed as explained to avoid any discrepancy/objection.

If your share certificates are lost or misplaced, you will need to execute and submit the following documents to enable us to issue duplicate shares certificate(s).

A certified copy of FIR regarding lost/misplaced shares. An English version is also required for the missing shares.
An Affidavit & Indemnity bond on a Non-Judicial Stamp Paper for Rs.50/-& Rs.100/-respectively. This document should be notarized and signed by all shareholders.
An advertisement of the lost shares in any leading newspaper furnishing the details. eClerx also requires an original copy.Kindly forward us the required documents duly attested by First Class Magistrate or Notary Public. Upon receipt, we will arrange for issuance of duplicate Share Certificate(s).Unless the above process is followed, eClerx cannot take any action including noting of provisional stop transfer.Upon receipt of all the above documents, eClerx shall issue duplicate share certificates to you.

For making a nomination with respect to Demat shares, you will have to approach your DP (Depositary participant/Broker).

First, you will need to open an account with a Depository Participant (DP) and obtain a unique Client ID number. Thereafter, you will need to fill out a Dematerialization Request Form (DRF) provided by the DP and surrender the physical shares intended to be dematerialized to the DP. Upon receipt of the shares and the DRF, the DP will send electronic requests through the Depository to eClerx/R&T Agents for confirmation of Demat. Each request will bear a unique transaction number. Simultaneously, the DP will surrender the DRF and the shares to eClerx with a cover letter requesting eClerx/R&T Agents to confirm the Demat. After verifying the documents received from the DP, eClerx/ R&T Agents will confirm the Demat to the Depository. This confirmation will be passed on from the Depository to the DP, which holds your account. After receiving this confirmation from the Depository, the DP will credit the account with the dematerialized shares. The DP will then hold the shares in a dematerialized form on your behalf and you will become the beneficial owner of these dematerialized shares.