Midcap IT firm, Hexaware Technologies, which recently delisted from stock exchanges has been put on the block, according to sources.
Baring Asia, a private equity firm, is the promoter company of Hexaware and been looking at selling this company for a while. They have stayed with the company for a very long time and the time has ripe for them to exit this particular company.
Watch accompanying video of CNBC-TV18’s Nisha Poddar for more details.