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Hexaware collaborates on Project NANDA Fellowship to build the future of AI Agents. Three-month, fully remote program invites developers worldwide to help build the open-source infrastructure powering the Internet of AI Agents Hexaware Technologies [NSE: HEXT], a global provider of IT solutions and services, today announced its collaboration with Project NANDA Fellowship, a three-month, fully remote AI fellowship program that gives developers direct, hands-on experience building open-source infrastructure for the emerging Internet of AI Agents. The fellowship is hosted by FAN, the umbrella program behind Project NANDA, and is supported by Hexaware as part of the company's participation in the open agentic web ecosystem. The program is built around one of the defining technical challenges of the coming decade: how autonomous AI agents discover, verify, and coordinate with one another at scale within agentic AI workflows. Fellows contribute directly to Project NANDA, an initiative that originated at the MIT Media Lab and is building the foundational infrastructure, standards, and reference implementations for an open, decentralized Internet of AI Agents. Their work feeds into Project NANDA's open-source community and advances components such as agent discovery, verifiable identity, and secure coordination across organizational boundaries. The inaugural cohort brings together more than 10 Fellows, drawn from a mix of Hexaware engineers and external developers selected from a global applicant pool. Participants receive a competitive stipend, direct mentorship, and the opportunity to ship code that becomes part of live, open-source agentic infrastructure rather than a classroom exercise. By keeping the cohort small, the program preserves close mentorship and meaningful contribution for every Fellow. For Hexaware, the association reflects a twofold objective: helping to train the next generation of AI infrastructure engineers and contributing to the open agentic web and the broader open-source community advancing it. The initiative complements Hexaware's own investments in agentic AI, including its AI delivery layer, Zerovity(TM). It also extends the company's engagement with the research and developer communities shaping how AI agents will operate in production. Applications and eligibility Applications for the Project NANDA Fellowship are now open to developers worldwide. Candidates can apply through the link shared below. The priority review deadline is September 19, 2026; applications received by that date are given priority consideration. About Hexaware Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose: to create smiles through great people and technology. With offices across the world, Hexaware Technologies Limited empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes. Learn more at hexaware.com. About Project NANDA Project NANDA originated at the MIT Media Lab and is architecting the foundational infrastructure for the Open Agentic Web. It focuses on how billions of AI agents can discover one another, verify capabilities, and coordinate tasks without creating bottlenecks or security vulnerabilities. Learn more at projectnanda.org. Safe Harbor Statement Certain statements in this press release concerning its future growth prospects are forward-looking, which involve numerous risks and uncertainties that could cause actual results to differ materially from those in such statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, its ability to manage growth, intense competition in IT services including those factors which may affect its cost advantage, wage increases globally, its ability to attract and retain highly-skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, its ability to manage its international operations, reduced demand for technology in its key focus areas, disruptions in telecommunication networks, its ability to successfully complete and integrate potential acquisitions, liability for damages on its service contracts, the success of the companies in which Hexaware has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of its intellectual property and general economic conditions affecting its industry. For details, please contact:

Hexaware shares fall nearly 4% as CEO steps down. September 3, 2026 Hexaware Technologies shares fell as much as 4% on Thursday, touching a day low of Rs 519.20, after the company said its CEO is stepping down. Srikrishna Ramakarthikeyan resigned as CEO and whole-time director, with the exit taking effect from October 28. He had led Hexaware for 12 years, since July 2014, and his term was originally meant to run until March 2028. He is leaving about 16 months early to pursue personal interests. In his resignation letter, he said the company had seen "meaningful transformation" during his time in charge. He will stay on afterward as a senior advisor to help with the handover. Taking his place is Vivek Jetley, who joins Hexaware from EXL, where he currently serves as president overseeing the insurance, healthcare and life sciences businesses. Jetley will hold the CEO role for a four year term starting October 28, bringing over 25 years of experience across AI, data and enterprise transformation work. This isn't a great moment for the stock either way. Hexaware had already cut its 2026 revenue growth guidance to a range of 6% to 7%, down from an earlier target of at least 7.6%, pointing to slower deal ramp-ups and weaker macro conditions. Even so, the company kept its EBIT margin guidance unchanged at 13% to 14%. Hexaware has also been talking up an AI strategy meant to open new revenue streams rather than just chase market share. At 11:30 am, Hexaware was trading at Rs 524.10 on the NSE, down 3.59% for the day. The stock sits well below its listing price of Rs 708 and is now down close to 31% for the year. Feeling overwhelmed by the markets? Let Tradz by EquityPandit be your guide. Its user-friendly app simplifies complex data and provides actionable trading signals. Download the app today and trade with confidence! Explore On Popular Screeners

Hexaware Technologies appoints Vivek Jetley as CEO, srikrishna Ramakarthikeyan to step down. Jetley to take charge on October 28; Ramakarthikeyan to continue as senior advisor after 12 years as CEO. By Navneet Singh September 2, 2026, 8:07:49 PM IST (Published) Hexaware Technologies has appointed Vivek Jetley as Chief Executive Officer (CEO), effective October 28, 2026. Srikrishna Ramakarthikeyan, currently CEO and Whole-time Director of Hexaware Technologies, has submitted his resignation from the CEO and board roles, effective October 28. He will also step down as CEO of Hexaware Technologies Inc., a wholly owned subsidiary, and as director of the company's subsidiaries. The company's board approved Ramakarthikeyan's appointment as Senior Advisor with effect from October 28, based on the recommendation of the Nomination and Remuneration Committee. Ramakarthikeyan has led Hexaware for 12 years and will remain with the company to support the leadership transition. Jetley has more than 25 years of experience across AI and data, enterprise transformation and strategy, as per a press release filed at NSE. He joins Hexaware from EXL, where he is currently President and leads its Insurance, Healthcare and Life Sciences businesses. Prior to his current role, Jetley was President and head of EXL Analytics. He joined EXL in 2006 through its acquisition of Inductis, where he was a partner, and has held leadership roles spanning corporate strategy, strategic partnerships, innovation and acquisitions. Larry Quinlan, Non-Executive Chairman of Hexaware, thanked Ramakarthikeyan for his contributions and welcomed Jetley to the company. Jetley said AI adoption is changing how IT services are delivered and how enterprises create value, adding that he sees an opportunity to help clients navigate the transition and lead Hexaware's AI-led transformation. He added, "I am excited to lead Hexaware into its next phase of growth and partner with our talented leadership team, colleagues and clients around the world to accelerate the company's AI-led transformation and create meaningful business outcomes at scale." Shares of Hexaware Technologies closed at ₹546 on Wednesday, down 0.93% from the previous close.