Hinduja Global Solutions Limited (HGSL) has announced a step in its organizational restructuring efforts. The company’s step-down wholly-owned subsidiary, HGS CX Technologies Inc., will merge with five of its US subsidiaries to streamline operations and create a more efficient structure.

The subsidiaries involved in the merger include Hinduja Global Solutions LLC, HGS Digital LLC, HGS (USA) LLC, HGS Canada Holdings LLC, and Teklink International LLC. This merger is part of HGSL’s efforts to enhance operational efficiency while maintaining its commitment to delivering high-quality services to clients. The move is subject to necessary regulatory approvals in the US.

This strategic restructuring is designed to result in a leaner organization with a more efficient framework for delivering services. The company has clarified that the merger will not have any impact on its overall operations or financials. Moreover, no changes are expected in the shareholding structure of HGSL or its subsidiary, HGS CX Technologies Inc.

According to the company, the restructuring will optimize resources and allow HGSL to streamline its operations across its subsidiaries, aligning with its long-term goals of increased efficiency and competitiveness. The restructuring also aims to support HGSL’s global operations and enhance service delivery across multiple markets.

TOPICS: Hinduja Global Solutions SEBI regulations