Hexaware Technologies: Amalgamation/Merger of subsidiary and Slump Sale of Subsidiary
Hexaware Technologies (HEXT) filed a disclosure titled "Amalgamation/Merger of subsidiary and Slump Sale of Subsidiary". The company is valued at about ₹34,965 crore.
What happened
Hexaware Technologies (HEXT) filed a disclosure with the exchanges on 28 October 2026 at 10:09 PM titled "Amalgamation/Merger of subsidiary and Slump Sale of Subsidiary".
Company snapshot
Hexaware Technologies is a mid-cap company in the Information Technology sector, with a market value of about ₹34,965 crore.
The stock last traded at ₹572.3, against a 52-week range of ₹400.2–₹807.8 (29.2% below the high).
Before this filing the shares had moved +18.7% over the month and −0.1% over three months. Average daily turnover over the last 20 sessions was about ₹112 crore.
Promoters held 74.30% at the end of Q1 FY27; 100.00% of promoter shares were pledged. Foreign institutions owned 3.19% and domestic institutions 16.06%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 3,261 | 379.9 | 6.25 |
| Q2 FY26 | 3,484 | 370.2 | 6.09 |
| Q3 FY26 | 3,478 | 291.9 | 4.79 |
| Q4 FY26 | 3,613 | 351.6 | 5.77 |
| Q1 FY27 | 3,845 | 329.9 | 5.41 |
What history shows
This is not the company's first m&a disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.
Across 84 similar disclosures by other Information Technology companies, shares moved −0.1% on average the next day and −0.3% over five days; 52% of them rose the next day.
Market-wide, 2,174 m&a filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 48% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
- 28 October 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- HEXT Share Price Today - Hexaware Technologies on NSE/BSE
- Corporate Actions This Week: Hexaware Technologies, L&T Technology Services, Cyient And CRISIL
- Hexaware Technologies Limited Estimates – NSE:HEXT
- Hexaware Technologies (NSEI:HEXT) Stock Forecast & Analyst Predictions
- Hexaware Technologies Limited Declares Second Interim Dividend for the Financial Year 2026, Payable on November 7, 2026
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.