Key Developments: Hexaware Technologies Ltd (HEXT.NS)

HEXT.NS on National Stock Exchange of India

213.50INR
1:21am EST
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Rs-0.35 (-0.16%)
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Latest Key Developments (Source: Significant Developments)

Hexaware Technologies Ltd fixes record date for interim dividend
Thursday, 6 Feb 2014 07:00pm EST 

Hexaware Technologies Ltd:Says it has fixed Feb. 21 as the record date for the purpose of payment of interim dividend.Says interim dividend on equity shares shall be paid on Feb. 26.  Full Article

Hexaware Technologies Ltd board recommends final dividend and declares interim dividend
Thursday, 6 Feb 2014 07:00pm EST 

Hexaware Technologies Ltd:Says Board at its meeting held on Feb. 07 have recommended payment of final dividend at 1 Indian Rupee per share (50 pct) on equity shares of 2 Indian Rupee each.Says final dividend on equity shares as recommended by the board in its meeting on Feb. 07 and to be approved by the shareholders in the AGM to be held on Apr. 25 shall be paid on Apr. 29.Declares payment of interim dividend in addition to final dividend mentioned above at 7.5 Indian Rupee per share (375 pct) on equity shares of 2 Indian Rupee each.  Full Article

Hexaware Technologies Ltd approves merger of subsidiary
Monday, 9 Dec 2013 06:45am EST 

Hexaware Technologies Ltd:Says the board have approved the merger of the wholly owned subsidiary company, Caliber Point Business Solutions Ltd (a BPO service provider) with the company.  Full Article

Hexaware Technologies Ltd Updates On Open Offer
Monday, 2 Sep 2013 06:46am EDT 

ICICI Securities Ltd (Manager to the Open Offer), for and on behalf of HT Global IT Solutions Holdings Limited (the Acquirer) along with Parel Investment Holdings Limited (PAC1) and The Baring Asia Private Equity Fund V, L.P. (PAC2, PAC1 and PAC2 collectively referred to as the PACs), has informed this Detailed Public Statement (DPS) to the Public Shareholders of Hexaware Technologies Ltd (Target Company), pursuant to the public announcement in relation to this Offer (the PA) filed with the BSE Limited (the BSE) and the National Stock Exchange of India Limited (the NSE) and sent to the Target Company at its registered office, on August 23, 2013 (the Execution Date). The PA was filed with the Securities and Exchange Board of India (the SEBI) on August 26, 2013. This Offer is being made by the Acquirer and the PACs to all the Public Shareholders, for the acquisition of up to 78,349,823 Shares, representing 26% of the Voting Share Capital (the Offer Size). The offer price of INR135 (the Offer Price) will be paid in cash. Tentative Schedule of Activity: Identified Date: October 03, 2013; Date of commencement of tendering period (Offer Opening Date): October 18, 2013; Date of expiry of tendering period (Offer Closing Date): October 31, 2013.  Full Article

Baring Private Equity Asia To Buy Controlling Stake In Hexaware Technologies Ltd-Reuters
Friday, 23 Aug 2013 02:51am EDT 

Reuters reported that Baring Private Equity Asia is set to buy a controlling stake in Hexaware Technologies Ltd for about $400 million. The deal is expected to be approved by the Hexaware board as early as August 23, 2013. A spokeswoman for Hexaware did not have immediate comment. Baring will roughly buy a 42% stake in Hexaware from the Indian company's founders and private equity investor General Atlantic. It will then have to make a mandatory tender offer for up to 26%.  Full Article

Hexaware Technologies Ltd Comments On Q3 2013 Revenue Guidance-Conference Call
Friday, 19 Jul 2013 06:30am EDT 

Hexaware Technologies Ltd announced that it is confident of revenue guidance for the third quarter of 2013, at a growth level of 3.5% to 5.5% growth. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of INR5.639 billion for the third quarter of 2013.  Full Article

Hexaware Technologies Ltd Declares Interim Dividend
Thursday, 18 Jul 2013 11:27pm EDT 

Hexaware Technologies Ltd announced that it has declared a payment of interim dividend at INR1.40 per share (70%) on equity shares of INR2 each. The interim dividend on equity shares as declared in the Board Meeting held on July 19, 2013 shall be paid on August 06, 2013.  Full Article

Hexaware Technologies Ltd Appoints Rajesh Kanani As CFO
Sunday, 30 Jun 2013 11:49pm EDT 

Hexaware Technologies Ltd announced that it has appointed Rajesh Kanani as Chief Financial Officer (CFO) with immediate effect.  Full Article

Hexaware Technologies Ltd Fixes Record Date For Interim Dividend
Monday, 29 Apr 2013 03:23am EDT 

Hexaware Technologies Ltd announced that the Company has fixed May 10, 2013 as the Record date for the purpose of Payment of Interim Dividend. The Interim Dividend on equity shares shall be paid on May 16, 2013.  Full Article

Hexaware Technologies Ltd Declares Interim Dividend
Sunday, 28 Apr 2013 11:30pm EDT 

Hexaware Technologies Ltd announced that the Board of Directors at its meeting held on April 29, 2013 have declared payment of Interim Dividend at INR1.20 per share (60%) on equity shares of INR2 each. The interim dividend on equity shares as declared in the Board Meeting shall be paid on May 16, 2013.  Full Article

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