Hexaware Technologies Bags New Order from European Bank for Reconstruction and Development

Hexaware Technologies Merger & Restructuring

Hexaware Technologies approved a slump sale of its step-down subsidiary Tech SMC Square India to Tech SMC Squared (GCC) India, a related-party deal. Consideration is cash, yet to be set by a registered valuer.

Execution

Expected completion by 30 June 2027; agreement date stated as 1 December 2026

Hexaware Technologies Acquisition

Hexaware Technologies announced amalgamation of two wholly owned step-down subsidiaries into its Canadian subsidiary. No cash consideration is involved, and the merger is internal group restructuring.

Hexaware Technologies Management Change

Hexaware appointed Arjun Shah and Gregory Zeluck as Non-Executive Directors from 28 October 2026. Directors Neeraj Bharadwaj and Julius Genachowski resigned, and Girish Pai's resignation is effective 13 November 2026.

Hexaware Technologies Investor Presentation: Key Takeaways

Q3CY26 (quarter ended 30 Sep 2026): revenue INR39,331Mn (+12.9% YoY), reported PAT INR4,294Mn (+16.1% YoY). Adjusted EBIT margin 13.8%. AI-led strategy; no guidance given.

Hexaware Technologies Q2 FY27 Results: Net Profit ₹429.4 Cr, Up 16.1% YoY

Hexaware Technologies Ltd reported revenue from operations of ₹3,933 Cr (+12.9% YoY) and net profit of ₹429.4 Cr (+16.1% YoY) for Q2 FY27.

Key figure

Net profit ₹429.4 Cr · +16.1% YoY

Hexaware Technologies Business Update

Hexaware hosted a UK mayoral trade delegation to discuss its earlier-announced £25 million UK expansion. The visit also highlighted a deepened academic collaboration with University of Leeds.

BEML Bags ₹6,229 Cr Order

BEML Limited secured new orders worth ₹6,229 Crore during Q2 FY2026-27. The company's total order book position reached ₹21,388 Crore as of September 30, 2026.

Value

₹6,229 Cr

Order book

₹21,388 Cr

Accord Transformer & Switchgear Bags ₹0.15 Cr Order from Private Sector Construction Company

Accord Transformer & Switchgear Ltd received a Rs.0.15 Crore order from a private sector construction company. The contract involves supplying a 200 kVA Compact Substation.

Value

₹0.15 Cr

From

Private Sector Construction Company

Execution

4 to 5 weeks

Compact Substation capacity

200.0 kVA

Accord Transformer & Switchgear Bags ₹4.55 Cr Order from Inergy Infra Private Limited

Accord Transformer & Switchgear Ltd secured an order worth Rs. 4.55 Crore from Inergy Infra Private Limited. The contract involves supplying 15 units of 3600kVA transformers by March 2027.

Value

₹4.55 Cr

From

Inergy Infra Private Limited

Execution

By March 2027

Accord Transformer & Switchgear Bags ₹4.85 Cr Order from Inergy Infra Private Limited, Plast Alloys India Limited, and others

Accord Transformer & Switchgear Limited secured three domestic orders totaling ₹4.85 Crore. The contracts involve supplying transformers and compact substations to Inergy Infra and other private entities.

Value

₹4.85 Cr

From

Inergy Infra Private Limited, Plast Alloys India Limited, and others

Execution

Up to March 2027

transformer and substation units

17.0 units

Som Distilleries & Breweries Bags New Order from Carlsberg India

Som Distilleries renewed its contract manufacturing agreement with Carlsberg India for three years at its Odisha facility. The consideration is not ascertainable as it depends on actual production volumes.

From

Carlsberg India

Execution

Three years, renewable further by mutual agreement

Adani Power Bags New Order from Uttarakhand Power Corporation Limited

Adani Power signed a 25-year power supply agreement with Uttarakhand Power Corporation for 1,234 MW ex-bus thermal supply. The contract follows its successful bid in UPCL's tender.

From

Uttarakhand Power Corporation Limited (UPCL)

Execution

25 years

contracted ex-bus thermal power supply

1234.0 MW