The shares were purchased from another promoter firm of Hexaware Technologies, Parel Investment Holding Ltd, as per information available with stock exchanges.
HT Global IT Solutions Holdings Ltd acquired 2,7,288,327 shares, representing 9.09 per cent stake, of Hexaware Technologies.
The shares were bought on an average price of Rs 195 apiece valuing the transaction at Rs 532.12 crore.
As on June 30, Parel Investment Holding held 2.72 crore shares or 9.09 per cent stake in Hexaware Technologies, while HT Global IT Solutions Holdings owned 16.44 crore scrips or 54.74 per cent stake in the mid-sized IT firm.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%