Hexaware approves USD 66 million acquisition and subsidiary mergers

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

HEXT · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-3.6%Reaction day

₹695.00

prior close

₹702.30

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.5%-4.1% vs market

Computers - Software & Consulting peers, median of 64sector-0.5%-3.1% vs sector

On the reaction day the stock moved 4.1 pts less than Nifty Midcap 150 and 3.1 pts less 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

-4.2

10m

-4.2

15m

-4.5

30m

-4.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.6+0.5-4.1-0.5-3.1

Next day

-3.6+0.9-4.6-0.4-3.2

-4.2+1.4-5.5+0.7-4.9

+0.3+2.1-1.9+2.7-2.4

+0.2+1.8-1.6+1.5-1.3

-1.3+1.9-3.2+2.1-3.4

+1.6+1.9-0.3+0.3+1.2

15d

+8.8+2.2+6.6-0.7+9.5

+8.5-0.4+8.9-3.7+12.2

+8.6+3.1+5.5-3.2+11.8

-13.1+1.6-14.7-11.4-1.7

UpDownMarket · Nifty Midcap 150Sector · Computers - Software & Consulting peers, median of 64Pending

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

AI summary

Hexaware has agreed to buy four identity and access management businesses in India, the US and Canada, taking full ownership. The cash deal is valued at USD 66 million, with USD 34.5 million upfront and USD 31.5 million linked to performance through March 2028. The targets reported USD 25.8 million turnover in 2024, and completion is expected by November 13, 2025. The Board also gave preliminary approval to merge selected wholly owned subsidiaries.

Likely market impact

The deal broadens Hexaware's cybersecurity offering and may support growth, but adds cash commitments. Integration results will determine shareholder returns.