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Hexaware Technologies Ltd. — Regulatory Filings 2025
Oct 24, 2025
35685_rns_2025-10-24_12c21f84-ba33-452d-b78e-5f14cd5fdf1d.pdf
Regulatory Filings
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HEXT/SE/2025/116
Date: October 24, 2025
To, Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051 Symbol: HEXT
To, Department of Corporate Services BSE Limited
Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip Code: 544362
Dear Sir/ Ma’am,
Sub: Disclosure of material event under Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( LODR Regulations ).
This intimation is in continuation to the disclosure made in earnings call after the board meeting held on July 24, 20235 (transcript of which was submitted to the Exchanges and is available on the website of the company under the investor section) wherein it was informed regarding legal dispute with one European client. Both parties have filed mediation application with Mediation Agency in US to resolve the dispute with client.
With respect to the above, please find appended Annexure A containing information and details as required under Regulation 30 of the LODR Regulations read with the SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
This information will also be hosted on the Company’s website at www.hexaware.com
Kindly take the same on record.
Thanking you,
Yours faithfully,
For HEXAWARE TECHNOLOGIES LIMITED
GUNJAN Digitally signed by GUNJAN SUMIT METHI SUMIT METHI Date: 2025.10.24 12:45:00 +05'30'
Gunjan Methi
Company Secretary and Compliance Officer
HEXAWARE TECHNOLOGIES LIMITED
Regd. Office: 8th Floor, 13th Level,Q1, Loma Co-Developers1 Private Limited, Plot No.Gen-4/1,TTC Industrial Area, Ghansoli, Navi Mumbai-400710, Maharashtra, India | Tel: +91 022 3326 8585 | Email: [email protected] CIN: L72900MH1992PLC069662 | URL: www.hexaware.com
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Annexure
| Sr.no. | Particular | Details |
|---|---|---|
| a. | Brief details of litigation | |
| i. Name(s) of the opposing party | Client based in Europe | |
| ii. Court/ tribunal/agency wherelitigation is filed | Mediation Agency in US. | |
| iii. Brief details of dispute/litigation | Both parties have agreed and initiated mediationprocess to resolve the dispute regardingreceivables from client as per the term of MasterService Agreement. | |
| b. | expected financial implications, ifany, due to compensation, penaltyetc.; | The amount of claim is USD 9 million, all amountshave been fully provided for. There is nodownside risk. However, we expect a favorableoutcome, which in the event of realisation wouldbe profit accretive in nature. |
| c. | quantum of claims, if any | The Company has claimed USD 9 millionreceivable from Client. |
HEXAWARE TECHNOLOGIES LIMITED
Regd. Office: 8th Floor, 13th Level,Q1, Loma Co-Developers1 Private Limited, Plot No.Gen-4/1,TTC Industrial Area, Ghansoli, Navi Mumbai-400710, Maharashtra, India | Tel: +91 022 3326 8585 | Email: [email protected] CIN: L72900MH1992PLC069662 | URL: www.hexaware.com