Date: October 09, 2026

KMP / Board / Auditor Changes

Not Specified

Dividend Declaration or Non-Declaration

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Board Meeting Outcomes

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Financial Results

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Auditor’s Report

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Disinvestment / Strategic Actions

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Other Operational / Legal / Strategic Disclosures

Trust Deed Restatement and Amendment

Hexaware Technologies Limited executed a restated and amended trust deed for Hexaware Employees Benefit Trust (formerly Hexaware Employees Stock Option Trust 2024) pursuant to Regulation 3 of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 and shareholder approval of Hexaware Restricted Stock Unit Plan 2026.

Trust Structure and Governance

Trust Name Change: The trust was renamed from 'Hexaware Employees Stock Option Trust - 2024' to 'Hexaware Employees Benefit Trust' effective October 09, 2026.

Trust Office: The principal office changed from 152, Millenium Business Park, Sector 3R TTC Industrial Area, Mahape, Navi Mumbai - 400710 to 8th floor, 13th Level, Q1, Loma Co-Developers1 Private Limited, Plot no. Gen-4/1, TTC Industrial Area, Ghansoli, Navi Mumbai, Maharashtra, 400710.

Trustees:

  • Ms. Uma Thomas, Chief Risk Officer (PAN: AAGPT1874P), residing at 10 Cascade Co-operative Housing Society, Kaspate Vasti, Near Whistling Palms & Mankar Chowk, Wakad, Pune - 411027
  • Mr. Riten Gosar, VP Finance (PAN: AHPPG0111Q), residing at C-704, Sai Aashish CHS, Village Road, Bhandup West, Mumbai 400078
  • Mr. Jacob P U, Sr. VP HR (PAN: ABOPJ6805H), residing at 104, Individual Co-operative House Society, Plot no.32, Sector 40, Nerul, Navi Mumbai 400706

Initial Contribution: The settlor contributed an initial sum of ₹500,000 (Indian Rupees Five hundred thousand only) to the trust.

Trust Objectives and Plans

The trust will administer:

1. Hexaware Employees Stock Option Plan 2024 (already approved by special resolution)

2. Hexaware Employees Restricted Stock Unit Plan 2026 (subject to member approval by special resolution)

3. Any other welfare plans contemplating monetary benefits to employees

The primary objects include administering the plans, managing cashless exercise options, acquiring/holding/transferring company shares, safeguarding beneficiary interests, and applying trust property for employee welfare.

Investment and Financial Provisions

Trust Fund Application: The trust fund may be invested in:

  • Stocks, shares, or securities issued by cooperative societies
  • Equity/preference shares, debentures, warrants of Indian companies including Hexaware
  • Government debentures, loans, bonds
  • Fixed deposits with scheduled banks
  • Any other investments permitted under Indian Trusts Act, 1882

Prohibitions: The trust shall not enter into any derivatives contracts or deal in derivatives products.

Banking and Demat Accounts: Trustees are authorized to open and maintain banking accounts and dematerialized accounts for acquiring, holding, and dealing in company shares.

Beneficiary Rights

Right to Information: Beneficiaries have the right to receive sufficient information about the trust and its administration to enforce their rights.

Right to Accounting: Beneficiaries are entitled to trust accounts showing all income, expenses, and distributions.

Governance and Administration

Trustee Requirements: Minimum 2 individual trustees (maximum 4) or 1 corporate trustee as sole trustee.

Meetings: Quorum requires 2 trustees present in person or through video conference (unless sole corporate trustee).

Books and Records: Trustees must maintain minute books, proper accounting records, and have accounts audited annually by chartered accountants.

Amendment Power: The settlor retains power to amend the trust deed provided amendments are not detrimental to beneficiary interests.

Duration and Termination

The trust remains valid until:

  • The object of the trust is discharged, or
  • Destruction of the trust property

Upon dissolution after satisfying all liabilities, remaining trust property shall be transferred to:

  • A new or existing trust for employee welfare
  • The company for employee benefit
  • Other trusts/institutions with employee welfare objects
  • Other employee stock option/RSU trusts set up by the settlor

Legal and Dispute Resolution

Governing Law: Indian laws with exclusive jurisdiction in Mumbai courts

Dispute Resolution: Arbitration under Indian Arbitration and Conciliation Act, 1996 with expedited procedures, sole arbitrator appointment, English language proceedings, and Mumbai seat.

Notices:

For Settlor: Company Secretary, Hexaware Technologies Limited, 8th floor, 13th Level, Q1, Loma Co-Developers1 Private Limited, Plot no. Gen-4/1, TTC Industrial Area, Ghansoli, Navi Mumbai 400710, Email: gunjanm@hexaware.com

For Trustee: Jacob P, same address as above, Email: jacobp@hexaware.com