Hexaware technologies Limited has announced that it has received court approval from Amsterdam, Netherlands for the merger of two of its wholly owned step-down subsidiaries. The merger involves Mobiquity Consulting B.V. as the transferor company being merged into Mobiquity B.V. as the transferee company, effective January 31, 2026.

Merger Details and Financial Overview

The merger consolidates two entities operating in complementary areas of technology-enabled services. Both companies are engaged in providing digital experiences across multiple platforms and strategic technology services to enterprise clients.

Business Operations and Rationale

Both subsidiaries operate in the business of providing effortless digital experiences spanning mobile, web, voice and internet of things on behalf of leading enterprise brands. They offer strategy, experience design, product engineering, cloud and analytics services to help clients drive deeper digital engagement and improve loyalty.

The company stated that the merger will be beneficial to both entities, their respective shareholders and creditors, employees and other stakeholders. Since both companies are under the same control and management and operate in complementary areas of technology-enabled services, the consolidation is expected to streamline operations.

Transaction Structure

The merger does not involve any cash consideration as both entities are fellow subsidiaries under the same corporate structure. The transaction will not result in any changes to the shareholding pattern of the listed entity, as confirmed in the regulatory disclosure.

Regulatory Compliance

Hexaware Technologies made the disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided detailed information as required under the regulations and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The information has also been made available on the company's website at www.hexaware.com , ensuring transparency and compliance with disclosure requirements for stakeholders and investors.

Hexaware Technologies has announced a strategic leadership appointment to strengthen its position in the private markets sector. The global IT services provider has named Amit Vij as Chief Private Markets Officer, effective January 28, 2026.

Leadership Role and Responsibilities

In his new position, Vij will spearhead Hexaware's engagement across the comprehensive private markets ecosystem. His responsibilities will encompass multiple sectors within the private markets space.

Professional Background and Recognition

Vij brings substantial expertise to his new role, with more than 20 years of experience advising private markets investors and portfolio leaders on value creation initiatives. His professional achievements include recognition among the Top 25 Private Equity Consultants and Leaders for 2025.

His career highlights include:

• Direct collaboration with boards and C-suite executives
• Focus on aligning strategic priorities with operational execution
• Emphasis on measurable outcomes and long-term value creation
• Leadership roles at IT and business process solutions companies
• Executive management experience at a knowledge process outsourcing venture successfully sold to Moody's Corp
• Investment banking experience at Deutsche Bank in London

Strategic Vision and Market Opportunity

R. Srikrishna, CEO and Executive Director of Hexaware Technologies, highlighted the strategic importance of this appointment. "Amit brings a rare combination of private markets expertise, technology acumen and an operator's mindset," Srikrishna stated. "As investors and portfolio companies push harder on value creation, we see a clear opportunity to help them move faster with technology and AI-driven interventions that deliver real business outcomes."

Military Service and Educational Background

Vij's professional journey began with distinguished military service in the Indian Air Force, where he served as a fighter pilot and retired as a squadron leader. During his military career, he flew multiple operational MiG fighters, including the MiG-29, MiG-27, MiG-23, and MiG-21.

Future Outlook

Vij expressed enthusiasm about his new role, stating, "It is an honor to be a Hexawarian and take on this role at a time when private markets are a force to reckon with in the global economy. The emphasis on portfolio value creation has never been greater, and addressing this market requires a fundamentally more agile approach."

He emphasized the company's opportunity to create tangible value for funds and their portfolio companies through technology and AI-driven interventions aligned to client outcomes, with a commitment to maintaining a client-first mindset.