Hexaware Technologies Limited — JV/Acquisition, 18-12-2025: Amalgamation/Merger

Hexaware Technologies is merging its wholly-owned subsidiaries, Softcrylic Technology Solutions and Mobiquity Softech, into the parent company. This strategic move integrates complementary technology services and streamlines operations under unified management, aiming to benefit all stakeholders.

Since both merging entities are fully owned subsidiaries, no new shares will be issued and no cash consideration is involved, ensuring no dilution for Hexaware's existing shareholders. Softcrylic's 9-month turnover was Rs. 38.35 Cr (Net Worth Rs. 13.12 Cr), while Mobiquity's was Rs. 114.98 Cr (Net Worth Rs. 86.94). Hexaware's standalone 9-month turnover was Rs. 5,529.2 Cr.