Hexaware promoters pledge 74.6% stake to raise ₹111.23 billion from HSBC

Hexaware Technologies Ltd. on Monday said its promoter CA Magnum Holdings and holding company CA Silkie Investments have pledged their entire 74.6% stake to secure a ₹111.23 billion debt facility from HSBC, according to a filing with the exchanges.

The funds will be used to fully refinance CA Magnum’s existing debt and make certain related payments. The repayment is likely tied to the obligations incurred when CA Magnum acquired Hexaware in 2021 and later took the company public in February 2025, the filing said.