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Hexaware Technologies Ltd. — M&A Activity 2026
Jan 31, 2026
35685_rns_2026-01-31_35e1b535-f6ad-44a1-9468-bf81c702336d.pdf
M&A Activity
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HEXT/SE/2026/07
January 31, 2026
To, Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051 Symbol: HEXT
To, Department of Corporate Services BSE Limited
Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip Code: 544362
Dear Sir,
Sub: Disclosure of material event pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Update on Merger of subsidiaries
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is informed that the Company has received approval from the Court in Amsterdam, Netherlands for Merger of ‘Mobiquity Consulting B.V.’ (being the wholly owned stepdown subsidiary of the Company) (“Transferor Company”) into ‘Mobiquity B.V.’ (being wholly owned step-down subsidiary of the Company) (“Transferee Company”) w.e.f January 31, 2026.
With respect to the above, please see attached Annexure A containing information and details as required under Regulation 30 of the LODR Regulations read with the SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
This information will also be hosted on the Company’s website at www.hexaware.com.
Yours faithfully,
For HEXAWARE TECHNOLOGIES LIMITED
GUNJAN Digitally signed by GUNJAN SUMIT SUMIT METHI METHI Date: 2026.01.31 18:39:54 +05'30' Gunjan Methi
Company Secretary
Encl.: as above
HEXAWARE TECHNOLOGIES LIMITED
Regd. Office: 8th Floor, 13th Level,Q1, Loma Co-Developers1 Private Limited, Plot No.Gen-4/1,TTC Industrial Area, Ghansoli, Navi Mumbai-400710, Maharashtra, India | Tel: +91 022 3326 8585 | Email: [email protected] CIN: L72900MH1992PLC069662 | URL: www.hexaware.com
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Annexure-A
| Sr. No. | Particulars | Details |
|---|---|---|
| a. | Name of the entity(ies) forming part of the amalgamation/merger, details in brief such as, size, turnover etc.; |
1. Mobiquity Consulting B.V. (Transferor Company) Turnover (for the quarter ended September 30, 2025): Euro 556,994 (Revenue from Operations) 2. Mobiquity B.V. (Transferee Company) Turnover (for the quarter ended September 30, 2025): Euro 4,068,609 (Revenue from Operations) |
| b. | Whether the transaction would fall within related party transactions? If yes, whether the same is done at “arm’s length”; |
Not Applicable. The Transferor Company is a fellow Subsidiary of the Transferee Company. |
| c. | Area of business of the entity(ies); | Both the Transferor and Transferee Companies are engaged in the business of providing effortless digital experiences spanning mobile, web, voice and internet of things on behalf of leading enterprise brands and providing strategy, experience design, product engineering, cloud and analytics services to helpclients drive deeper |
HEXAWARE TECHNOLOGIES LIMITED
Regd. Office: 8th Floor, 13th Level,Q1, Loma Co-Developers1 Private Limited, Plot No.Gen-4/1,TTC Industrial Area, Ghansoli, Navi Mumbai-400710, Maharashtra, India | Tel: +91 022 3326 8585 | Email: [email protected] CIN: L72900MH1992PLC069662 | URL: www.hexaware.com
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digital engagement and
improve loyalty
The Transferor Company and
the Transferee Company are
under the same control and
management and are
engaged in the
complementary areas of
technology-enabled services.
d. Rationale for amalgamation/ merger;
The merger will be beneficial
to the Transferor Company,
the Transferee Company,
their respective shareholders
and creditors, employees and
other stakeholders.
The Transferor Company is a
fellow Subsidiary of the
In case of cash consideration - amount or
e. Transferee Company. Thus,
otherwise share exchange ratio;
no cash consideration is
involved.
Not Applicable since the
Brief details of change in shareholding pattern (if Transferor Company is a
f.
any) of listed entity fellow Subsidiary of the
Transferee Company.
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HEXAWARE TECHNOLOGIES LIMITED
Regd. Office: 8th Floor, 13th Level,Q1, Loma Co-Developers1 Private Limited, Plot No.Gen-4/1,TTC Industrial Area, Ghansoli, Navi Mumbai-400710, Maharashtra, India | Tel: +91 022 3326 8585 | Email: [email protected] CIN: L72900MH1992PLC069662 | URL: www.hexaware.com