Hexaware Technologies Partnership

Hexaware Technologies Merger & Restructuring

Hexaware Technologies approved a slump sale of its step-down subsidiary Tech SMC Square India to Tech SMC Squared (GCC) India, a related-party deal. Consideration is cash, yet to be set by a registered valuer.

Execution

Expected completion by 30 June 2027; agreement date stated as 1 December 2026

Hexaware Technologies Acquisition

Hexaware Technologies announced amalgamation of two wholly owned step-down subsidiaries into its Canadian subsidiary. No cash consideration is involved, and the merger is internal group restructuring.

Hexaware Technologies Management Change

Hexaware appointed Arjun Shah and Gregory Zeluck as Non-Executive Directors from 28 October 2026. Directors Neeraj Bharadwaj and Julius Genachowski resigned, and Girish Pai's resignation is effective 13 November 2026.

Hexaware Technologies Investor Presentation: Key Takeaways

Q3CY26 (quarter ended 30 Sep 2026): revenue INR39,331Mn (+12.9% YoY), reported PAT INR4,294Mn (+16.1% YoY). Adjusted EBIT margin 13.8%. AI-led strategy; no guidance given.

Hexaware Technologies Q2 FY27 Results: Net Profit ₹429.4 Cr, Up 16.1% YoY

Hexaware Technologies Ltd reported revenue from operations of ₹3,933 Cr (+12.9% YoY) and net profit of ₹429.4 Cr (+16.1% YoY) for Q2 FY27.

Key figure

Net profit ₹429.4 Cr · +16.1% YoY

Hexaware Technologies Business Update

Hexaware hosted a UK mayoral trade delegation to discuss its earlier-announced £25 million UK expansion. The visit also highlighted a deepened academic collaboration with University of Leeds.

Lloyds Metals & Energy Partnership

Lloyds Metals and Energy executed a ₹29.66 Crore agreement with Amplus Green One Power for renewable power. The deal includes share subscription, shareholders and power purchase agreements.

Value

₹29.66 Cr

SBI Cards and Payment Services Partnership

SBI Card, Air India and Visa announced a partnership to develop a co-branded Visa credit card. The program will offer travel benefits to Maharaja Club members.

Coforge Partnership

Coforge announces a community partnership with Chippenham RFC in UK to support rugby, cricket, and local community development. No financial commitment is disclosed in the announcement.

Urban Enviro Waste Management Partnership

Urban Enviro Waste Management's board approved an AOP/JV with Madhav Enterprise for a Jalandhar tender and revised the CFO's remuneration. The half-year financial results approval was deferred.

Steamhouse India Partnership

Steamhouse India signed an MoU with Haryana Enterprises Promotion Centre to explore industrial infrastructure opportunities with a proposed ₹500 crore investment. The MoU is exploratory and does not constitute a project award.

MOS Utility Partnership

MOS Utility has partnered with Bharat Co-operative Bank (Mumbai) to facilitate digital payment services for merchants. The press release also notes RBI in-principle approvals for a subsidiary's payment businesses.