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Hinduja Tech company logo
BUSINESS PRODUCTS & SERVICES | Consulting & Outsourcing / Product Development & Design
hindujatech.com

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Stage

Secondary Market | Alive

Valuation

$0000 

Last Raised

$9.65M | 5 mos ago

About Hinduja Tech

Hinduja Tech provides automotive product development and offers vehicle and powertrain development services. It also provides integrated ERP, IT, and engineering solutions and services to global customers. It is based in Chennai, India.

Hinduja Tech Headquarter Location

No. 16, Grand Southern Trunk Gateway Office Parks, A6 Tower – 8th floor,

Chennai, 600063,

India

Latest Hinduja Tech News

Ashok Leyland to buy Nissan's stake in Hinduja Tech for Rs70.20 crore

Feb 25, 2021

1 min read. Updated: 25 Feb 2021, 11:26 AM ISTPTI Ashok Leyland has entered into a share purchase agreement with Nissan International Holding to acquire 5.85 crore shares for a total consideration of Rs70.20 crore constituting 38% in the paid-up share capital of Hinduja Tech Share Via Hinduja Group flagship firm Ashok Leyland on Thursday said it has entered an agreement with Nissan International Holding BV to acquire 38% stake in Hinduja Tech for ₹70.20 crore. "The company has entered into a share purchase agreement with Nissan International Holding BV to acquire 58,500,000 shares for a total consideration of ₹70.20 crore constituting 38% in the paid-up share capital of Hinduja Tech Ltd. Consequent to the aforesaid acquisition, HTL will become a wholly owned subsidiary of the company," Ashok Leyland said in a regulatory filing. 1 min read . 09:10 AM IST In November 2014, Ashok Leyland had sold 38% stake in Hinduja Tech (HTL) to Nissan International Holdings BV, investment arm of the Japan-based Nissan Group, for an undisclosed sum. The Chennai-based commercial vehicle did not share the reasons for buying back stake. At the time of the stake sale, Ashok Leyland in a regulatory filing had said: "To unlock value, HTL has roped in a strategic investor to subscribe to the equity share capital of the company. Consequent to the allotment of equity shares to the strategic investor, the holding of Ashok Leyland now stands at 62%". Prior to the stake sale, Hinduja Tech Ltd was wholly-owned unlisted subsidiary of Ashok Leyland. Hinduja Tech Ltd is engaged in the business of IT and ITeS industry and reported consolidated revenue as on March 31, 2020 of ₹226 crore. Shares of Ashok Leyland were trading 1.30% higher at Rs128.70 apiece on BSE. Subscribe to Mint Newsletters

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Hinduja Tech Patents

Hinduja Tech has filed 1 patent.

The 3 most popular patent topics include:

  • Compact cars
  • Pickup trucks
  • Rally cars
patents chart

Application Date

Grant Date

Title

Related Topics

Status

2/1/2019

2/2/2021

Pickup trucks, Compact cars, Subcompact cars, Touring cars, Rally cars

Grant

Application Date

2/1/2019

Grant Date

2/2/2021

Title

Related Topics

Pickup trucks, Compact cars, Subcompact cars, Touring cars, Rally cars

Status

Grant

Hinduja Tech Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Hinduja Tech Rank

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