Hexaware Technologies Bags New Order from European Bank for Reconstruction and Development

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.

Jash Engineering Bags ₹40 Cr Order from NCC Limited - Hyderabad, Vishvaraj Environment Ltd. - Nagpur,...

Jash Engineering received orders worth Rs.40.00 Crore from NCC Limited, Vishvaraj Environment and Triozone MEP Solutions, among others. The orders are in the ordinary course of business, with execution per purchase orders.

Value

₹40.00 Cr

From

NCC Limited - Hyderabad, Vishvaraj Environment Ltd. - Nagpur, Triozone MEP Solutions Pvt Ltd. - Mumbai and others

Execution

As per PO

Sasken Technologies Bags New Order from Software company of a leading European automotive group

Sasken Technologies announced a multi-year engineering engagement with the software arm of a leading European automotive group for telematics control units. No contract value was disclosed.

From

Software company of a leading European automotive group (unnamed)

Execution

Multi-year

GHV Infra Projects Bags ₹92.14 Cr Order from GHV Private Limited

GHV Infra Projects received a Rs 92.14 Crore Kurla car shed work order, due in 24 months. The awarder, GHV (India), is a related party.

Value

₹92.14 Cr

From

GHV (India) Private Limited

Execution

24 months

BEML Bags ₹6,229 Cr Order

BEML Limited secured new orders worth ₹6,229 Crore during Q2 FY2026-27. The company's total order book position reached ₹21,388 Crore as of September 30, 2026.

Value

₹6,229 Cr

Order book

₹21,388 Cr

Accord Transformer & Switchgear Bags ₹0.15 Cr Order from Private Sector Construction Company

Accord Transformer & Switchgear Ltd received a Rs.0.15 Crore order from a private sector construction company. The contract involves supplying a 200 kVA Compact Substation.

Value

₹0.15 Cr

From

Private Sector Construction Company

Execution

4 to 5 weeks

Compact Substation capacity

200.0 kVA

Accord Transformer & Switchgear Bags ₹4.55 Cr Order from Inergy Infra Private Limited

Accord Transformer & Switchgear Ltd secured an order worth Rs. 4.55 Crore from Inergy Infra Private Limited. The contract involves supplying 15 units of 3600kVA transformers by March 2027.

Value

₹4.55 Cr

From

Inergy Infra Private Limited

Execution

By March 2027