Hexaware CEO Ramakarthikeyan resigns; Vivek Jetley from EXL to take over

Ceo ResignedCeo Appointed ExternalManagement Changes View source PDF Explain this filing

HEXT · price

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Price reactionminutes from the announcement price · days from the prior close

-0.2%Reaction day

₹532.00

prior close

₹531.70

announcement price

After-mkt

timing

Nifty Midcap 150market-0.2%+0.0% vs market

Computers - Software & Consulting peers, median of 66sector+0.0%-0.2% vs sector

On the reaction day the stock moved in line with Nifty Midcap 150 and 0.2 pts less than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.9

10m

+0.8

15m

+0.9

30m

+0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.2-0.2+0.0+0.0-0.2

Next day

-1.6-0.7-0.9-1.2-0.4

-2.3-0.6-1.7-1.6-0.7

-3.9-1.0-3.0-2.4-1.5

-5.3-1.4-3.9-2.5-2.8

-6.6-1.6-5.0-3.5-3.1

-1.5-3.7+2.1-3.9+2.4

15d

-8.1-4.9-3.1-5.0-3.1

-6.4-6.3-0.1-6.3-0.0

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UpDownMarket · Nifty Midcap 150Sector · Computers - Software & Consulting peers, median of 66Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Hexaware Technologies CEO Srikrishna Ramakarthikeyan has resigned as CEO, Whole-time Director, and from all subsidiary boards effective October 28, 2026, to pursue personal interests. He will continue with the company as Senior Advisor from the same date. The Board has appointed Vivek Jetley as the new CEO for a four year term starting October 28, 2026. Jetley joins from EXL where he is currently President leading Insurance, Healthcare and Life Sciences, with over 25 years of experience in AI, data, analytics and enterprise transformation.

Likely market impact

Planned CEO transition with outgoing CEO retained as Senior Advisor. New CEO is an external hire bringing AI and enterprise strategy expertise, supporting continuity.