HDFC Mutual Fund Ups Hexaware Stake to 5.21%

HDFC Mutual Fund has significantly increased its stake in Hexaware Technologies, now holding 5.21% of the company’s paid-up equity share capital as of August 26, 2026. This strategic acquisition was executed through open market purchases, a move that immediately triggered a mandatory regulatory disclosure.

Key Acquisition Figures

• New stake: 5.21% of paid-up equity share capital
• Previous holding: 4.98%
• Shares acquired: 1,406,254 via open market purchases
• Total current holding: 31,859,815 equity shares

This transaction necessitated compliance with Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. HDFC Mutual Fund officially notified both the National Stock Exchange of India Ltd. (NSE) and BSE Limited regarding this substantial change in shareholding, ensuring full transparency.

Managed Schemes and Holdings

• Acquisition managed by: HDFC Asset Management Company Limited
• Involved schemes: HDFC BSE 500 ETF, HDFC Flexi Cap Fund, HDFC Technology Fund
• Encumbrances: No encumbrances reported against these specific holdings

The increased stake reflects HDFC Mutual Fund’s ongoing investment strategy within India’s technology sector. This notable increase in its position within Hexaware Technologies highlights a focused portfolio adjustment.