HCLTech to acquire Singapore-based Finergic for SGD 19 million

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

HCLTECH · price

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Price reactionminutes from the announcement price · days from the prior close

+0.8%Reaction day

₹1706.60

prior close

₹1720.00

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.5%+0.3% vs market

Computers - Software & Consulting peers, median of 66sector-0.2%+1.0% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty 100 and 1.0 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

-0.8

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8+0.5+0.3-0.2+1.0

Next day

+0.9+1.5-0.5-0.3+1.2

+0.8+1.8-1.0-0.9+1.7

-0.9+1.3-2.2-0.4-0.5

-1.9+0.3-2.2+0.3-2.2

-0.8+2.9-3.7+1.9-2.7

-5.8+2.7-8.5-0.7-5.1

15d

-13.1+3.1-16.2-4.6-8.5

-19.0+1.3-20.3-10.6-8.4

-20.3-8.5-11.8-22.4+2.1

-27.9-2.0-25.9-4.4-23.5

UpDownMarket · Nifty 100Sector · Computers - Software & Consulting peers, median of 66Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

HCLTech announced a 100 percent cash acquisition of Finergic Solutions, a Singapore-based wealth management consulting firm, for SGD 19 million. Finergic reported SGD 12.6 million revenue and SGD 2.9 million PAT for 2024. The deal, expected to close by April 30, 2026, will strengthen HCLTech's financial services and wealth management capabilities. No regulatory approvals needed.

Likely market impact

Bids strengthen wealth management and digital services portfolio. Deal is small relative to HCLTech's 14.5 billion dollar revenue.