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Company Information

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HEXAWARE TECHNOLOGIES LTD.

29 April 2025 | 09:23

Industry >> IT Consulting & Software

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ISIN No INE093A01041 BSE Code / NSE Code 544362 / HEXT Book Value (Rs.) 86.91 Face Value 1.00
Bookclosure 15/04/2025 52Week High 850 EPS 19.36 P/E 36.13
Market Cap. 42502.17 Cr. 52Week Low 593 P/BV / Div Yield (%) 8.05 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was incorporated as `Aptech Information Systems Limited', a public limited company under the Companies Act, 1956 on November 20, 1992, pursuant to a certificate of incorporation granted by the Registrar of Companies, Maharashtra at Mumbai ("RoC"). Our Company obtained a certificate of commencement of business on December 31, 1992 from the RoC. The name of our Company was changed to `Aptech Limited' and a fresh certificate of incorporation dated August 5, 1996 was granted by the RoC. The Equity Shares of our Company were listed on BSE and NSE in 1997. The name of our Company was subsequently changed to `Hexaware Technologies Limited' pursuant to a fresh certificate of incorporation dated April 2, 2002 granted by the RoC.

Major Events and Milestones:
1992
- Our Company was incorporated as Aptech Information Systems Limited

1994
- Expanded operations to the U.S. by incorporating our Material Subsidiary, Hexaware Technologies Inc.

1996
- The information technology division of Apple Industries Limited was merged with our Company (then known as Aptech Information Systems Limited) with effect from July 1, 1995, pursuant to a scheme of arrangement and reconstruction sanctioned by order of the High Court of Judicature at Bombay dated June 19, 1996
- The name of our Company was changed to Aptech Limited

1997
- The Equity Shares of our Company were listed on BSE and NSE

1998
- Expanded operations to the U.K. by incorporating our Material Subsidiary, Hexaware Technologies UK Limited (originally incorporated as Aptech Worldwide Europe Limited)

2001
- The training division of our Company (then known as Aptech Limited) was demerged into Aptech Training Limited and the erstwhile Hexaware Technologies Limited was merged with our Company with effect from April 1, 2001, pursuant to a scheme of arrangement and reconstruction sanctioned by order of the High Court of Judicature at Bombay dated November 9, 2001

2002
- The name of our Company was changed to Hexaware Technologies Limited

2013
- HT Global IT Solutions Holdings Limited and Parel Investment Holdings Limited (affiliates of erstwhile Baring Private Equity Asia) acquired 70.87% of our share capital via on open offer under the SEBI Takeover Regulations and became the promoters of our Company

2019
- Acquisition of Mobiquity Inc. by our Material Subsidiary, Hexaware Technologies Inc.

2020
- Voluntary delisting of our equity shares from the BSE and the NSE
- Launch of Amazer (a cloud migration, cloud transformation, data and application modernization platform)

2021
- Launch of Tensair (an automation platform designed to transform enterprise IT processes and enable secure, rapid and automated release of code; efficient and AI-driven operations)
- CA Magnum Holdings, our Promoter, acquired 95.51% of the shareholding of our Company from HT Global IT Solutions Holdings Limited

2022
- Launch of RapidXT (a Gen AI-based platform for modern software engineering)

2024
- Acquisition of Softcrylic LLC and Softcrylic Technology Solutions India Private Limited by our Company