Hexaware Deepens UK Expansion Plans; Shares Fall 0.63%

Mumbai, October 23: Hexaware Technologies shares fell 0.63% to ₹587.75 on Friday after the company announced discussions with a UK mayoral delegation on regional investment, employment and technology collaboration, including a partnership with the University of Leeds.

The delegation, led by Tracy Brabin, Mayor of West Yorkshire, and Bev Craig, Mayor of Greater Manchester, visited Hexaware’s Mumbai office as part of the Great North’s first joint mayor-led trade mission to India.

Hexaware Discusses UK Investment and Research Plans

During the visit, Hexaware discussed its UK expansion plans, regional job creation and opportunities for technology collaboration across northern England. The company and the University of Leeds also discussed strengthening industry-academic ties through research, knowledge sharing and experiential learning opportunities for students.

The discussions follow Hexaware’s October 14 meeting in Bengaluru with Greater Manchester representatives and the British Deputy High Commission to discuss investment in the region.

Hexaware has announced plans to invest £9 million in a Design and Innovation Centre at Manchester’s innovation district, Sister, in collaboration with the University of Manchester. The centre is expected to create hundreds of jobs.

The company also announced a £25 million UK expansion in June 2026, expected to create approximately 1,200 jobs over three to five years across Manchester, Leeds and Birmingham. Plans include proposed research and development centres in Manchester and Leeds, with Newcastle also under consideration.

Stock Market Snapsshot

The Hexaware Technologies share price was trading 0.63% lower at ₹587.75 on Friday, October 23, 2026, compared with the previous close of ₹591.45. The stock opened at ₹594.80.

The announcement outlines Hexaware’s plans to expand its presence in the UK through investment, hiring and collaboration with regional institutions. The share-price movement alone does not establish a direct link to the announcement.

About Hexaware Technologies

Hexaware Technologies is a global technology and business process services company that helps businesses transform, operate and optimise their technology and business processes.

Conclusion

Hexaware’s latest discussions highlight its focus on expanding in northern England through investment, job creation and university partnerships. The proposed R&D centres and Manchester innovation hub are key parts of its longer-term UK growth plans.

Source:

• https://www.nseindia.com/get-quote/equity/HEXT/Hexaware-Technologies-Limited
• https://nsearchives.nseindia.com/corporate/HEXAWARETECH_23102026113010_Press_Release.pdf