HDFC Mutual Fund has crossed the 5% ownership threshold in Hexaware Technologies , triggering a mandatory disclosure under SEBI regulations.

The mutual fund house increased its aggregate holding to 5.21% of the paid-up equity share capital as of August 26, 2026. This follows the acquisition of 14,06,254 shares via open market purchases, raising its total stake from 4.98% previously.

Acquisition Details

The increase in holding brings HDFC Mutual Fund’s total shareholding to 3,18,59,815 equity shares. The company’s total paid-up equity capital remains at Rs. 61,10,15,992, comprising 61,10,15,992 equity shares of Rs. 1 each.

The acquisition involved various schemes managed by HDFC Asset Management Company Limited, including the HDFC BSE 500 ETF, HDFC Flexi Cap Fund, and HDFC Technology Fund, among others. No encumbrances or pledges were reported against these holdings.

Regulatory Compliance

The disclosure was filed in accordance with Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. HDFC Mutual Fund notified both the National Stock Exchange of India Ltd. and BSE Limited regarding the change in substantial shareholding.

Hexaware Technologies has entered a corporate social responsibility partnership with Ashoka Innovators for the Public (India) to support social entrepreneurs addressing societal challenges. The agreement was announced on August 25, 2026.

The IT services firm will provide grant support to two social entrepreneurs selected through Ashoka's rigorous Fellowship process. These stipends enable the Fellows to dedicate their time to developing and expanding sustainable solutions for long-term social change.

Partnership Details

Ashoka identifies candidates based on originality, entrepreneurial qualities, and potential to address systemic issues. The Fellowship provides selected individuals with:

• Leadership development and strategic guidance
• Peer-learning opportunities
• Access to a global network of collaborators

Dr. Ramya Kannan, Vice President & Head – CSR at Hexaware, stated that the company believes businesses must contribute to society beyond technology. She noted the partnership allows Hexaware to support entrepreneurs building solutions that benefit communities.

Dr. Shruti Nair, Leader at Ashoka Innovators for the Public, India, highlighted that the fellowship offers leaders the freedom and network needed to scale ideas. She emphasized the goal of strengthening a new generation of changemakers.

What the Numbers Show

While no financial figures were disclosed for the grants, the partnership signals a targeted allocation of CSR resources toward high-impact social innovation rather than broad-based charity. By funding only two Fellows, Hexaware concentrates its support on leaders with proven potential for systemic change, aligning its CSR spend with measurable entrepreneurial outcomes rather than general operational expenses.