HDFC Mutual Fund, through its various schemes, has acquired a cumulative 5.21% stake in Hexaware Technologies Ltd. The acquisition, totaling 31,859,815 equity shares, was completed as of the close of business hours on August 26, 2026. This disclosure is made in compliance with SEBI’s Substantial Acquisition of Shares and Takeovers Regulations, 2011.
HDFC Mutual Fund Increases Stake in Hexaware Technologies
In a significant disclosure filed under Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, HDFC Mutual Fund has announced the aggregate holdings of its various schemes in Hexaware Technologies Ltd. As of the close of business hours on August 26, 2026, the total holdings amounted to 5.21% of the company’s paid-up equity share capital.
Acquisition Details
The total paid-up equity share capital of Hexaware Technologies Ltd. is Rs. 61,10,15,992, comprising 61,10,15,992 equity shares of Rs. 1/- each. The acquisition details indicate a total holding of 31,859,815 shares carrying voting rights after the consideration. The mode of acquisition was through the Open Market.
Previous Holding
Prior to this acquisition, the aggregate holding of HDFC Mutual Fund schemes in Hexaware Technologies Ltd. was 3,04,53,561 shares, representing 4.98% of the total voting capital. The recent acquisition of 14,06,254 shares, representing an additional 0.23%, brought the total stake to the current level.
The disclosure also confirms that there were no shares held in the nature of encumbrance, or warrants/convertible securities that entitle the acquirer to receive shares carrying voting rights, either before or after the acquisition, apart from the shares carrying voting rights.
Source: BSE
