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The board of directors of Hexaware Technologies has approved the merger of subsidiary Risk Technology International with itself, the company said in an exchange filing. Risk Technology is engaged in information technology consulting, software development and business process management. Hexaware owns 100 per cent stake in Risk Technology and there will be no change in the shareholding pattern of Hexaware, the company said. Shares of Hexaware edged down 1.8 per cent at ₹221.45 on the NSE.
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