Hinduja Global incorporates new wholly owned subsidiaries

Hindustan Global Solutions (HGS) incorporated a new wholly owned subsidiary, HGS Digital Private Limited on April 1, 2025, the company said on Wednesday.

The regulatory filing dated April 2 said that HGS’s board of directors had previously greenlit the incorporation in a meeting held on February 14, 2025.

The service provider incorporated the new entity to establish, operate and maintain broadband, fiber-optics and digital communication networks for enterprises, government institutions and commercial establishments.

Further, it aims to provide high-speed internet, data connectivity and managed digital services to businesses and industries, among others, HGS stated.

HGS share performance

Shares of Hinduja Global closed in the red at ₹473.35, down 0.15% on the National Stock Exchange (NSE) on Wednesday, April 2.

The stock lost 11.39% over the past week and 11.62% in March. The scrip was down 31.87% on a year-to-date basis.

HGS hit its 52-week low of ₹459.95 on March 27, 2025, and a high of ₹954.75 on August 26, 2024.

Hinduja Global Solutions (HGS) has a total market capitalisation of ₹2,187.85 crore as of April 2, 2024, on the NSE.