HGS – Hinduja Global Solutions
Hinduja Global Solutions Limited is an Indian public limited company, incorporated on 13 January 1995 in Maharashtra under Corporate Identification Number (CIN) L92199MH1995PLC084610. It was originally registered as Tele Video Communications India Limited, then renamed HTMT Technologies Limited (11 July 2006), HTMT Global Solutions Limited (12 March 2007), and finally Hinduja Global Solutions Limited on 27 September 2008. Its registered office is at Tower C, Plot C-21, G Block, Bandra Kurla Complex, Bandra East, Mumbai 400051, and its global operating headquarters is in Bengaluru. The company’s registry status is active.
Trading as HGS, Hinduja Global Solutions Limited is a technology-enabled business services provider offering digital customer experience management, business process management (BPM), and back-office and human-resource outsourcing services. As of 31 March 2026, the company reported a network of 23 delivery centres across 10 countries. Historically one of India’s larger contact-centre and BPO operators, Hinduja Global Solutions Limited underwent a major strategic transformation starting in 2021-2022: it sold its worldwide healthcare-services BPO business, then roughly half of group revenue, to funds affiliated with Baring Private Equity Asia (via Betaine B.V.) for approximately US$1.2 billion (around INR 8,940 crore), a sale that completed on 6 January 2022. Following the divestiture, the company repositioned around digital and AI-enabled services, acquiring Diversify Offshore Staffing Solutions Pty Ltd in Australia (agreement announced 29 January 2022, through subsidiary HGS International (Mauritius) Ltd) and TekLink International, Inc., a US-based financial-planning and data-analytics consultancy, for US$58.8 million (completed 28 February 2023, through subsidiary HGS CX Technologies). The company now markets an AI-driven "Intelligent Experience" platform, including Interaction Intelligence and HGS Agent X generative-AI tools, and was named a Leader in NelsonHall’s 2025 NEAT evaluation for GenAI-enabled business-operations transformation.
Hinduja Global Solutions Limited is listed on BSE Limited (scrip code 532859) and the National Stock Exchange of India (symbol HGS), and is controlled by promoter entities of the Hinduja Group. For the financial year ended 31 March 2026 (FY2026), the company reported consolidated total income of INR 4,857.0 crore (approximately US$547.3 million) and an employee headcount of 17,110, with 79 new client wins reported during the year across its BPM and digital-services lines.
Sources: HGS FY2026 Q4/full-year earnings press release (hgs.com); HGS investor relations pages (hgs.com/investors); "Hinduja Global Solutions concludes sale of its healthcare services business… to BPEA" (hgs.com press release); DLA Piper deal announcement (dlapiper.com, August 2021); CCI approval notice (Press Information Bureau, Government of India); "HGS to Acquire Diversify Offshore Australia" (Business Wire, 29 January 2022); "HGS completes acquisition of TekLink International" (hgs.com press release and NSE corporate filing, March 2023). Retrieved 10 September 2026.
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Shareholders
Shareholders of Hinduja Global Solutions Limited
Per BSE/NSE shareholding-pattern disclosures for the quarter ended 30 June 2026, promoters and promoter-group entities together held 67.99% of Hinduja Global Solutions Limited’s paid-up equity (31,627,348 shares). The largest disclosed promoter shareholders were Hinduja Group Limited (37.85%), Amas Mauritius Limited (14.04%) and Hinduja Realty Ventures Limited (6.41%). Combined individual/HUF promoter holdings — including Ashok P. Hinduja jointly with Harsha Ashok Hinduja, and Ashok P. Hinduja as karta of the S.P. Hinduja HUF (Bigger) — totalled approximately 7.47%, alongside smaller promoter holdings through Aasia Corporation LLP (0.79%) and Hinduja Properties Limited (0.13%). The filing noted that promoters released all outstanding share pledges during the June 2026 quarter.
Foreign Portfolio Investors (Category I) held a combined 8.13% across 32 holders, including Allstars Investments Limited (3.59%), Legends Global Opportunities (Singapore) Pte. Ltd. (3.21%) and Bridge India Fund (2.98%). Institutional investors (FII/DII combined) held approximately 11.79-11.93%, with the remainder held by retail and other public shareholders (approximately 20%) across a reported base of roughly 58,132 shareholders as of June 2026.
Ultimate beneficial ownership
No single-source UBO filing naming one individual’s effective ownership percentage across a complete chain was identified. Promoter holdings are distributed across several Hinduja-family-controlled corporate entities and individuals (listed above); because the ownership chain is spread across multiple entities rather than one traceable individual path, no calculated UBO percentage is presented here.
Data availability
Shareholder disclosure is Full: as an NSE/BSE-listed company, Hinduja Global Solutions Limited is subject to quarterly shareholding-pattern disclosure under SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, covering all shareholders above the reporting threshold. Data reflects the quarter ended 30 June 2026.
Sources
- Hinduja Global Solutions Ltd. shareholding pattern, Trendlyne (aggregating BSE/NSE regulatory filings), https://trendlyne.com/equity/share-holding/544/HGS/latest/hinduja-global-solutions-ltd/, retrieved 10 September 2026.
Officers
Directors and officers of Hinduja Global Solutions Limited
Based on the company’s official leadership disclosures and BSE corporate filings, the Board of Directors of Hinduja Global Solutions Limited is chaired by Ashok P. Hinduja (reported as Chairman since December 2022). Other board members include Partha DeSarkar (Executive Director), Vynsley Fernandes (Whole-time Director) and Amit Saharia (Non-Independent Director), alongside independent directors Bhumika Batra, Dr. Ganesh Natarajan, Munesh Khanna, Pradeep Udhas and Paul Abraham. Narendra Singh serves as EVP & Company Secretary, confirmed via his signature on a BSE corporate filing dated 11 June 2026.
Day-to-day global operations are led by a separate executive team headed by Venkatesh Korla as Global Chief Executive Officer (reported in role since May 2025) and Mahesh Kumar Nutalapati as Global Chief Financial Officer, supported by regional CEOs for the Americas, EMEA/Africa and Asia-Pacific.
No resignation, removal or termination dates for current directors were identified in the sources reviewed. Appointment/tenure start dates beyond Ashok P. Hinduja’s reported chairmanship date were not consistently confirmed across sources and are therefore not stated.
Data availability
Officer information is Partial: India’s listed-company disclosure regime (SEBI LODR / Ministry of Corporate Affairs filings) requires disclosure of board composition and the company secretary, but officially disclosed nationality and country-of-residence details for individual directors were not located in the sources reviewed and are therefore not stated here.
Sources
- HGS Leadership, official company website, https://hgs.com/about-us/leadership/, retrieved 10 September 2026.
- BSE corporate filing bearing the Company Secretary’s digital signature (dated 11 June 2026), https://www.bseindia.com/xml-data/corpfiling/AttachHis/40a0186b-5e30-48ef-b059-5f0bd567eb74.pdf, retrieved 10 September 2026.
Group Structure
Group structure of Hinduja Global Solutions Limited
Hinduja Global Solutions Limited is not an independent company; it is controlled by promoter entities of the Hinduja Group, a privately held, India-founded conglomerate. However, no single entity holds outright majority ownership — the largest individual promoter shareholder, Hinduja Group Limited, held 37.85% as of the quarter ended 30 June 2026 (see Shareholders block for the full breakdown), and no filing was identified confirming a single verified "ultimate parent" consolidating 100% control.
Verified subsidiary relationships identified from official company and regulatory announcements include: HGS International (Mauritius) Ltd, which acquired a 100% equity stake in Diversify Offshore Staffing Solutions Pty Ltd (Australia) under a definitive agreement announced 29 January 2022; and HGS CX Technologies, a US subsidiary that completed acquisition of a 100% stake in TekLink International, Inc. (United States) for US$58.8 million, effective 28 February 2023. The company’s former worldwide healthcare-services BPO business — divested in January 2022 to funds affiliated with Baring Private Equity Asia — is a historical relationship and is no longer part of the group.
Verified corporate relationships
| Entity | Country | Registration number | Relationship | Ownership | Status | Information date |
|---|---|---|---|---|---|---|
| HGS International (Mauritius) Ltd | Mauritius | Not disclosed | Subsidiary (intermediate holding company) | Ownership percentage not disclosed | Active | 29 Jan 2022 |
| Diversify Offshore Staffing Solutions Pty Ltd | Australia | Not disclosed | Indirect subsidiary (via HGS International (Mauritius) Ltd) | 100% | Active | 29 Jan 2022 |
| TekLink International, Inc. | United States | Not disclosed | Subsidiary (via HGS CX Technologies) | 100% | Active | 28 Feb 2023 |
| Former healthcare-services BPO business (India, Philippines, US, Jamaica) | Multiple | Not applicable | Historical relationship – divested | Not applicable | Divested | 6 Jan 2022 |
Recent structural changes
- Divestiture of the worldwide healthcare-services BPO business to funds affiliated with Baring Private Equity Asia (via Betaine B.V.) for approximately US$1.2 billion; completed 6 January 2022.
- Acquisition of 100% of Diversify Offshore Staffing Solutions Pty Ltd (Australia) via HGS International (Mauritius) Ltd; announced 29 January 2022.
- Acquisition of 100% of TekLink International, Inc. (United States) via HGS CX Technologies, for US$58.8 million; completed 28 February 2023.
Data availability
Group-structure information is Partial: the existence and role of intermediate holding entities (HGS International (Mauritius) Ltd, HGS CX Technologies) are confirmed via official company and regulatory announcements, but their own registration numbers were not located in the sources reviewed, and a complete current list of all operating subsidiaries was not confirmed.
Sources
- CCI approval notice on the healthcare-services divestiture, Press Information Bureau, Government of India, https://www.pib.gov.in/Pressreleaseshare.aspx?PRID=1764749, retrieved 10 September 2026.
- "Hinduja Global Solutions concludes sale of its healthcare services business for US$1.2 Bn… to BPEA", official HGS press release, https://hgs.com/press-releases/hinduja-global-solutions-concludes-sale-of-its-healthcare-services-business-for-us-1-2-bn-approx-inr-8940-cr-to-bpea/, retrieved 10 September 2026.
- "HGS to Acquire Diversify Offshore Australia", Business Wire, 29 January 2022, https://www.businesswire.com/news/home/20220129005022/en/HGS-to-Acquire-Diversify-Offshore-Australia, retrieved 10 September 2026.
- "HGS completes acquisition of TekLink International", official HGS press release, https://hgs.com/press-releases/hgs-completes-acquisition-of-teklink-international/, retrieved 10 September 2026.
- HGS corporate announcement on TekLink acquisition completion, NSE archives, https://nsearchives.nseindia.com/corporate/HGS_01032023081622_PR_HGS_completes_acquisition_of_TekLink.pdf, dated 1 March 2023, retrieved 10 September 2026.
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Frequently Asked Questions
Who is HGS – Hinduja Global Solutions's UBO (Ultimate Beneficial Owner)?
No single-source UBO filing naming one individual's effective ownership percentage across a complete chain was identified. Promoter holdings are distributed across several Hinduja-family-controlled corporate entities and individuals (listed above); because the ownership chain is spread across multiple entities rather than one traceable individual path, no calculated UBO percentage is presented here.
Is HGS – Hinduja Global Solutions still an active company?
HGS – Hinduja Global Solutions's status on Company Data Enrichment is listed as active.
What is HGS – Hinduja Global Solutions's registered address?
The registered address on file for HGS – Hinduja Global Solutions is Turkey.
Can Zavia monitor changes to HGS – Hinduja Global Solutions's ownership over time?
This profile reflects a point-in-time snapshot from Company Data Enrichment. Zavia's monitoring API can track changes to HGS – Hinduja Global Solutions's registered shareholders, officers, and group structure going forward, flagging updates as they're filed rather than requiring a manual recheck.
Can I access HGS – Hinduja Global Solutions's data through an API?
Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including Turkey, so records like HGS – Hinduja Global Solutions's registration, shareholder, UBO, and group-structure data can be queried programmatically instead of viewed one page at a time.
Where does this company information come from, and how current is it?
This record is sourced directly from Company Data Enrichment and was last synced on 13 August 2026.