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Shares of Hexaware jump 20% on proposal to delist

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Hexaware Technologies Ltd said on Friday that its directors will meet on 12 June to consider a proposal to delist the IT company, lifting its shares as much as 20%.HT Global IT Solutions, a holding company for Baring Private Equity Asia, which holds a 62.4% stake in Hexaware, has offered ₹285 per equity share to purchase the remaining shares.

The price is almost a 10% premium to Thursday’s closing price, Hexaware said in a stock exchange filing.At the indicative offer price, Baring PE will have to pay more than ₹2,300 crore to take a 90% stake in Hexaware, the shareholding threshold for delisting a company under rules of the Securities and Exchange Board of India.Public shareholders hold a 37.6% stake in Hexaware.Shares of Hexaware hit the.

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United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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