MoneyWorks4Me

Hexaware Technologies' promoter raises $600 million

11 Sep 2020 Evaluate

Hexaware Technologies' promoter HT Global IT Solutions Holdings has availed $600 million by pledging more than 18 crore shares of the company, which is set for voluntary delisting from the stock exchanges. HT Global IT Solutions Holdings has borrowed the amount for inter alia repayment of secured and unsubordinated 7 per cent senior notes and to finance the delisting of the equity shares of Hexaware Technologies.

Hexaware is the fastest growing next-generation provider?of IT, BPO and consulting services.


Peers
Company Name CMP
TCS 2083.95
Infosys 1000.95
HCL Technologies 1259.40
Wipro 164.15
Tech Mahindra 1547.00
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