Interim Dividend Announcement
On April 4, 2025, Hexaware’s Board of Directors declared a first interim dividend of ₹5.75 per equity share for the financial year 2025. The record date for this dividend is set for April 15, 2025, with payment scheduled for April 23, 2025.
Leadership Recognition
In December 2024, CEO R Srikrishna was honored as the “AI Implementer of the Year” at The AIconics Awards, reflecting the company’s commitment to artificial intelligence advancements.
Strategic Collaborations
In January 2025, Hexaware entered into a collaboration with Amazon Web Services (AWS) to deliver cloud adoption solutions, aiming to enhance their cloud service offerings.
Initial Public Offering (IPO) Plans
Hexaware Technologies launched its Initial Public Offering (IPO) on February 12, 2025. The IPO comprised an offer for sale of equity shares aggregating up to ₹8,750 crores by CA Magnum Holdings, the promoter selling shareholder. The price band was set between ₹674 to ₹708 per equity share, with bids made for a minimum of 21 equity shares and in multiples thereafter.
Strategic Partnerships
In January 2025, Hexaware entered a strategic partnership with the Sri Lanka Association of Software and Service Companies (SLASSCOM). This collaboration aims to enhance Sri Lanka’s IT industry by focusing on capacity building, promoting women technopreneurs, and advancing technologies such as Artificial Intelligence (AI) and the Internet of Things (IoT).
Workforce Expansion
Throughout 2024, Hexaware executed a significant hiring initiative, adding between 6,000 to 8,000 employees globally. This expansion targeted locations including India, the US, Canada, Mexico, Poland, and the UK, aiming to bolster the company’s talent pool across various centers.
Community Engagement
In March 2025, Hexaware announced a partnership with the San Francisco Unicorns, a Major League Cricket team. This collaboration includes Hexaware’s branding on the team’s helmets and caps, aligning with the company’s focus on community engagement and digital solutions in sports.
These developments underscore Hexaware Technologies’ dedication to financial growth, strategic partnerships, workforce development, and community involvement, positioning the company as a significant player in the global IT services sector.
