Hexaware technologies has disclosed receiving a compounding order from the Reserve Bank of India (RBI) imposing a penalty of ₹11,64,167 for delayed regulatory filing. The penalty relates to the company's failure to timely file Form FC TRS with the central bank regarding equity shares transferred during its 2021 delisting process.

RBI Penalty Details

The regulatory action stems from delays in filing Form FC TRS for equity shares acquired by HT Global Holdings B.V in 2021 as part of Hexaware's delisting process. The company received the RBI communication on March 30, 2026, and has committed to comply with the compounding order.

Regulatory Compliance Context

The penalty relates to the company's delisting process that occurred in 2021, when HT Global Holdings B.V acquired equity shares of Hexaware Technologies. Form FC TRS is a mandatory regulatory filing required under RBI's foreign exchange regulations for such transactions involving foreign entities.

Financial Impact Assessment

Despite the regulatory penalty, Hexaware Technologies has stated that there is no material impact on the company's financials or operations due to this RBI order. The company has indicated its intention to proceed with compliance as per the compounding order requirements.

Disclosure Requirements

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates companies to inform stock exchanges about material events. The information has also been made available on the company's official website for stakeholder access.

Hexaware Technologies has announced the launch of Agentverse™, an enterprise AI agent platform featuring 600+ ready-to-deploy AI agents designed to help organizations operationalize agentic AI across business and technology functions. The platform addresses a critical market challenge where many enterprises remain stuck in pilot stages without a clear path to scaled AI deployment.

Platform Capabilities and Integration

Agentverse™ provides a governed platform that orchestrates multiple AI agents across enterprise systems, workflows, and communication channels. The platform integrates with core enterprise systems including CRM platforms, IT service management tools, knowledge repositories, data platforms, telephony systems, and collaboration applications.

Through advanced orchestration, AI agents retrieve contextual knowledge, interpret process documentation, automate conversations, and execute operational actions directly within enterprise workflows. Built-in governance capabilities including role-based access controls, audit trails, observability, and policy guardrails ensure agents operate securely and in alignment with enterprise compliance requirements.

Expected Performance Improvements

Organizations deploying Agentverse™ can target significant operational improvements across multiple metrics:

Use Cases and Applications

Agentverse™ supports diverse use cases across customer experience, financial services, manufacturing, retail, and enterprise operations. The platform's agents can resolve customer inquiries, automate reconciliations and regulatory workflows, support demand forecasting and inventory management, and streamline IT, HR, and procurement service operations.

Strategic AI Framework

Agentverse™ is part of Hexaware's broader enterprise AI strategy focused on embedding AI across both technology operations and business processes. Through its AI for IT approach, Hexaware integrates AI across the technology lifecycle—including software development, digital assurance, data platforms, SaaS ecosystems, IT operations, and application management services.

In application management services, AI-powered discovery tools map application estates, dependencies, infrastructure, and usage patterns to accelerate service transitions, while predictive incident management, intelligent automation, and enhanced observability improve operational performance.

Leadership Perspective

"Agentverse™ is how we take autonomy into day-to-day operations. Clients can move beyond pilots to measurable results in cycle time, accuracy, and customer satisfaction," said R Srikrishna, CEO & Executive Director, Hexaware Technologies.

Siddharth Dhar, President & Global Head – Artificial Intelligence, Hexaware Technologies, added: "Hexaware's Agentverse™ is built for outcomes and scale. We standardize how agents connect to enterprise platforms, enforce policy, and prove value with clear KPIs, so customers can expand from one use case to many."