{"id":229151,"date":"2026-09-03T11:50:31","date_gmt":"2026-09-03T06:20:31","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=229151"},"modified":"2026-09-03T11:50:33","modified_gmt":"2026-09-03T06:20:33","slug":"hexaware-technologies-share-price-ceo-resignation-2026-09-03","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/hexaware-technologies-share-price-ceo-resignation-2026-09-03\/","title":{"rendered":"Hexaware Technologies Share Price Falls 4 Percent as CEO Resigns, Vivek Jetley Named Successor"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Hexaware Technologies share price Rs 523.15, down 4.01%. CEO Srikrishna Ramakarthikeyan to step down Oct 28; Vivek Jetley named CEO-designate. Intraday high Rs 538, low Rs 519.05.<\/em><\/p>\n<div style=\"background: #F0F9FF; border-left: 4px solid #2E7D32; border-radius: 6px; padding: 14px 18px; margin: 18px 0;\">\n<p style=\"margin: 0; color: #1f4e79; font-size: 14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin: 8px 0 0;\">Hexaware Technologies share price fell 4.01 percent to Rs 523.15 on 3 September 2026 after the company announced a leadership transition. Srikrishna Ramakarthikeyan will step down as CEO and as a member of the Board of Directors, effective 28 October 2026, and will continue with the company as a senior adviser to ensure a smooth transition. Hexaware Technologies has appointed Vivek Jetley as CEO-designate, and he will join the company and assume the role of CEO on the same date, 28 October 2026. Hexaware Technologies share price touched an intraday high of Rs 538 and a low of Rs 519.05 during the session.<\/p>\n<\/div>\n<p>Hexaware Technologies share price fell sharply, down 4.01 percent to Rs 523.15, on 3 September 2026 after the company announced a change at the top of its leadership. Current CEO Srikrishna Ramakarthikeyan will step down from his role and from the Board of Directors, effective 28 October 2026.<\/p>\n<p>Hexaware Technologies has named Vivek Jetley as CEO-designate, and he is set to join the company and formally take over as CEO on 28 October 2026, the same date on which Ramakarthikeyan&#8217;s exit becomes effective, ensuring a defined handover date for the leadership transition.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=d3art4\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/hexaware-technologies-share-price-ceo-resignation-2026-09-03\/#What_Does_the_Leadership_Transition_at_Hexaware_Technologies_Involve\" title=\"What Does the Leadership Transition at Hexaware Technologies Involve?\">What Does the Leadership Transition at Hexaware Technologies Involve?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/hexaware-technologies-share-price-ceo-resignation-2026-09-03\/#Why_Did_Hexaware_Technologies_Share_Price_Fall_on_the_News\" title=\"Why Did Hexaware Technologies Share Price Fall on the News?\">Why Did Hexaware Technologies Share Price Fall on the News?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/hexaware-technologies-share-price-ceo-resignation-2026-09-03\/#Hexaware_Technologies_Company_Overview_and_Valuation\" title=\"Hexaware Technologies Company Overview and Valuation\">Hexaware Technologies Company Overview and Valuation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/hexaware-technologies-share-price-ceo-resignation-2026-09-03\/#What_Should_Investors_Watch_During_This_Leadership_Transition\" title=\"What Should Investors Watch During This Leadership Transition?\">What Should Investors Watch During This Leadership Transition?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/hexaware-technologies-share-price-ceo-resignation-2026-09-03\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/hexaware-technologies-share-price-ceo-resignation-2026-09-03\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/hexaware-technologies-share-price-ceo-resignation-2026-09-03\/#Why_did_Hexaware_Technologies_share_price_fall_today\" title=\"Why did Hexaware Technologies share price fall today?\">Why did Hexaware Technologies share price fall today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/hexaware-technologies-share-price-ceo-resignation-2026-09-03\/#Who_is_the_new_CEO_of_Hexaware_Technologies\" title=\"Who is the new CEO of Hexaware Technologies?\">Who is the new CEO of Hexaware Technologies?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/hexaware-technologies-share-price-ceo-resignation-2026-09-03\/#When_does_the_Hexaware_Technologies_CEO_transition_take_effect\" title=\"When does the Hexaware Technologies CEO transition take effect?\">When does the Hexaware Technologies CEO transition take effect?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/hexaware-technologies-share-price-ceo-resignation-2026-09-03\/#Will_the_outgoing_CEO_continue_with_Hexaware_Technologies\" title=\"Will the outgoing CEO continue with Hexaware Technologies?\">Will the outgoing CEO continue with Hexaware Technologies?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/hexaware-technologies-share-price-ceo-resignation-2026-09-03\/#What_is_Hexaware_Technologies_current_market_capitalisation\" title=\"What is Hexaware Technologies&#8217; current market capitalisation?\">What is Hexaware Technologies&#8217; current market capitalisation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/hexaware-technologies-share-price-ceo-resignation-2026-09-03\/#What_is_Hexaware_Technologies_price_to_earnings_ratio\" title=\"What is Hexaware Technologies&#8217; price to earnings ratio?\">What is Hexaware Technologies&#8217; price to earnings ratio?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/hexaware-technologies-share-price-ceo-resignation-2026-09-03\/#What_was_Hexaware_Technologies_trading_range_today\" title=\"What was Hexaware Technologies&#8217; trading range today?\">What was Hexaware Technologies&#8217; trading range today?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Does_the_Leadership_Transition_at_Hexaware_Technologies_Involve\"><\/span><strong>What Does the Leadership Transition at Hexaware Technologies Involve?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Under the announced transition, Srikrishna Ramakarthikeyan will step down as CEO and as a member of the Board of Directors effective 28 October 2026, but will continue with Hexaware Technologies in an advisory capacity as a senior adviser, a structure designed to help ensure continuity during the leadership change. Vivek Jetley will join as CEO-designate ahead of formally assuming the CEO role on the same date.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Did_Hexaware_Technologies_Share_Price_Fall_on_the_News\"><\/span><strong>Why Did Hexaware Technologies Share Price Fall on the News?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Hexaware Technologies share price often reacts sharply to leadership changes, as is common across the IT services sector, where investor confidence is closely tied to a CEO&#8217;s strategic direction. A near 4 percent single-day decline in Hexaware Technologies share price reflects some near-term uncertainty among investors about the transition, even though the outgoing CEO will remain available in an advisory role.<\/p>\n<p>The retention of Ramakarthikeyan as a senior adviser is intended to smooth the handover and preserve institutional knowledge, a structure that could help limit disruption to Hexaware Technologies share price and the company&#8217;s ongoing client engagements during the transition period.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Hexaware_Technologies_Company_Overview_and_Valuation\"><\/span><strong>Hexaware Technologies Company Overview and Valuation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Hexaware Technologies share price reflects a market capitalisation of around Rs 33,300 crore and a price to earnings ratio of 24.80, above the broader IT sector average of 19.22. The company&#8217;s return on equity stands at 20.02 percent, with a dividend yield of 2.10 percent, reflecting its position as a mid-sized but well-established player in India&#8217;s IT services industry.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Live Stock Data on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Should_Investors_Watch_During_This_Leadership_Transition\"><\/span><strong>What Should Investors Watch During This Leadership Transition?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors tracking Hexaware Technologies share price should watch for commentary from incoming CEO Vivek Jetley on strategic priorities once he takes over, along with how the company&#8217;s key client relationships evolve during the handover period. Quarterly earnings updates will also be closely watched for signs of continuity in Hexaware Technologies share price.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Hexaware Technologies share price fell 4.01 percent on 3 September 2026 after the company announced that CEO Srikrishna Ramakarthikeyan will step down effective 28 October 2026, with Vivek Jetley named as his successor. While the outgoing CEO will remain as a senior adviser to support the transition, the market&#8217;s reaction suggests some near-term uncertainty. Investors should track further updates on the leadership handover and consult a SEBI-registered advisor before making any investment decision.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track live prices and get daily stock updates.<\/em><\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_Hexaware_Technologies_share_price_fall_today\"><\/span><strong>Why did Hexaware Technologies share price fall today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Hexaware Technologies share price fell 4.01 percent after the company announced that CEO Srikrishna Ramakarthikeyan will step down effective 28 October 2026, with Vivek Jetley named as his successor.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_is_the_new_CEO_of_Hexaware_Technologies\"><\/span><strong>Who is the new CEO of Hexaware Technologies?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Vivek Jetley has been appointed as CEO-designate of Hexaware Technologies and will formally assume the role of CEO on 28 October 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_does_the_Hexaware_Technologies_CEO_transition_take_effect\"><\/span><strong>When does the Hexaware Technologies CEO transition take effect?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The leadership transition at Hexaware Technologies takes effect on 28 October 2026, when outgoing CEO Srikrishna Ramakarthikeyan steps down and Vivek Jetley takes over.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Will_the_outgoing_CEO_continue_with_Hexaware_Technologies\"><\/span><strong>Will the outgoing CEO continue with Hexaware Technologies?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes, Srikrishna Ramakarthikeyan will continue with Hexaware Technologies as a senior adviser after stepping down as CEO, to help ensure a smooth leadership transition.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Hexaware_Technologies_current_market_capitalisation\"><\/span><strong>What is Hexaware Technologies&#8217; current market capitalisation?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Hexaware Technologies&#8217; market capitalisation stood at approximately Rs 33,300 crore as of the latest available data.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Hexaware_Technologies_price_to_earnings_ratio\"><\/span><strong>What is Hexaware Technologies&#8217; price to earnings ratio?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Hexaware Technologies trades at a price to earnings ratio of around 24.80, above the broader IT sector average of 19.22.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_Hexaware_Technologies_trading_range_today\"><\/span><strong>What was Hexaware Technologies&#8217; trading range today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Hexaware Technologies share price touched an intraday high of Rs 538 and a low of Rs 519.05 on 3 September 2026.<\/p>\n<div class=\"faq-schema\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hexaware Technologies share price fell 4.01 percent after the company announced CEO Srikrishna Ramakarthikeyan will step down effective October 28, with Vivek Jetley appointed as CEO-designate to take over on the same 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