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Infosys completes stake sale in Japan JV HIPUS to Mitsubishi Heavy Industries

Published on 15/05/2025 01:02 AM

Infosys completes stake sale in Japan JV HIPUS to Mitsubishi Heavy IndustriesShares of Infosys Ltd ended at ₹1,592.60, up by ₹23.50, or 1.50%, on the BSE.By Jomy Jos Pullokaran   May 15, 2025, 1:02:17 AM IST (Published)2 Min ReadIT services company Infosys Ltd on Wednesday (May 14) announced the completion of a stake sale in its Japan-based joint venture, HIPUS, to Mitsubishi Heavy Industries (MHI). The move follows an earlier announcement on April 17, 2025, about MHI joining the Infosys-led HIPUS as a strategic investor.

HIPUS, established in 2019, focuses on delivering high-quality end-to-end procurement solutions, leveraging digital platforms and sourcing expertise for Japanese corporations. Infosys held a majority stake in the joint venture.

MHI, a long-standing client of HIPUS, has now acquired a 2% stake from Infosys to deepen its collaboration and explore new business opportunities in the Japanese market. MHI is among the world’s leading industrial groups, operating across energy, infrastructure, machinery, aerospace, and defence sectors.

Also Read: Infosys shares see price target cuts but remains a top pick for most analysts post Q4 miss

The transaction closed on May 14, 2025, ahead of the previously expected timeline of Q1 FY26, and was subject to standard closing conditions.

Infosys stated that the strategic investment by MHI strengthens its presence in Japan and reinforces its commitment to supporting Japanese enterprises with next-generation digital solutions.

Shares of Infosys Ltd ended at ₹1,592.60, up by ₹23.50, or 1.50%, on the BSE.

Also Read: Infosys Q4 Results Preview: All eyes on guidance for FY26, potential deal winsContinue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsInfosys