Hinduja Limited

COMPETITION COMMISSION OF INDIA (Combination Registration No.C-2015/07/292)

Fair Competition For Greater Good

29.07.2015

Notice u/s 6(2) of the Competition Act, 2002 given by Hinduja Global Solutions Limited

Order under Section 31(1) of the Competition Act, 2002

1. On 10^th July 2015, the Commission received a notice given by Hinduja Global Solutions Limited (“ Acquirer ”) under sub-section (2) of Section 6 of the Competition Act, 2002 (“ Act ”).

1. The notice was given in respect of a proposed combination between the Acquirer and MSource (India) Private Limited (“ Seller 1 ”) and Mphasis Limited (“ Seller 2 ”), as a result of which the Acquirer will acquire both the Sellers’ domestic business process management or outsourcing (“ BPM/BPO ”) business which consists of (i) certain customer contracts (in the telecom and banking, financial & insurance sector); and (ii) related software(s), assets and fixtures (including immoveable lease premises located in various states (the “ Proposed Combination ”). Seller 1 and Seller 2 are hereinafter collectively referred to as “ Sellers ”. The Acquirer and the Sellers are hereinafter collectively referred to as “ Parties ”.

1. The Acquirer is a public limited company and is listed on NSE Limited and BSE Limited. It provides a range of BPM/BPO services which cover, inter alia , marketing and digital enablement services and consumer interaction services.