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HGS completes acquisition of NXTDIGITAL’s digital media business in India

14 Nov 2022 Evaluate

Hinduja Global Solutions (HGS) has received the order from the National Company Law Tribunal (NCLT) approving and sanctioning the Scheme of Arrangement between NXTDIGITAL and Hinduja Global Solutions. With this approval in place, NXTDIGITAL’s Digital Media business in India, including its assets, liabilities and investment in its subsidiaries, become part of HGS, effective February 1, 2022 (the Appointed Date as per the Scheme of Arrangement). This acquisition opens up a direct-to-consumer practice for HGS.

As HGS and NXTDIGITAL leverage their new synergies and work towards building this partnership from a technology and digital standpoint, it is certain to positively impact both people and customers in the long-term. HGS will add a headcount of nearly 1,200 in India and presence across 1,500 locations covering 4,500 pin codes through NXTDIGITAL. The partnership will allow NXTDIGITAL to expand into new geographies while strengthening their already firm footprint in India.

HGS is a global leader in business process management (BPM) and optimizing the customer experience lifecycle, HGS is helping make its clients more competitive every day.

Hinduja Global Soln. Share Price

445.40 23.45 (5.56%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
eClerx Services 1666.95
Info Edge 978.45
Firstsource Solution 274.20
Affle 3i 1506.65
Hinduja Global Soln. 445.40
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