Hexaware Shareholders Endorse Dividend and Board Appointments at AGM

Hexaware Technologies held its 33rd Annual General Meeting on May 5, 2026, via video conference. Shareholders overwhelmingly approved all resolutions presented.

Key approvals included the adoption of the company's financial statements for fiscal year 2025. Shareholders also confirmed the interim dividend of ₹11.50 per equity share declared for FY25. Resolutions concerning the re-appointment and appointment of directors were passed, ensuring continuity in board governance.

The meeting saw strong participation, with 1,27,102 shareholders on record date casting 566,992,295 votes in favor of the resolutions.

Shareholder Confidence and Governance

The strong support at the AGM signifies high shareholder confidence in Hexaware's financial reporting and its dividend policy. This endorsement reinforces the company's commitment to returning value to its shareholders.

The confirmed directorial appointments ensure stability and continued strategic oversight at the board level, upholding corporate governance standards.

Company Background

Hexaware Technologies operates as a global digital and technology services company, focusing on digital transformation and AI-driven cloud solutions. The company has a consistent history of dividend payouts, including interim dividends, reflecting its strategy to enhance shareholder value.

Recent financial results for FY25 demonstrated robust performance, with revenue growing 12.2% in INR terms and reported profit increasing by 16.6% year-over-year, providing a solid foundation for the dividend distribution.

Financial Snapshot

For calendar year 2025, Hexaware reported an EBITDA margin of 17.1%, an increase of 122 basis points year-over-year. Reported profit for CY25 grew 16.6% year-over-year to INR 13,683 million. As of December 31, 2025, the company held cash and cash equivalents totaling USD 237 million.

Competitive Landscape

Hexaware competes in the IT services sector with major Indian players such as Infosys, Wipro, TCS, and LTIMindtree, as well as mid-cap firms like Persistent Systems. These companies share a focus on digital transformation and IT services, though their dividend policies and market performances vary.

Looking Ahead

Investors will monitor future dividend declarations and payout schedules from Hexaware. The company's upcoming quarterly and annual financial results will be closely watched. Management commentary on industry trends, the demand outlook, and strategic initiatives, particularly those involving AI solutions, will be important. Performance relative to peer companies in the competitive IT services landscape will also be a key focus.