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Hexaware Technologies Ltd. — Regulatory Filings 2026
May 14, 2026
35685_rns_2026-05-14_1c1bf137-c459-4a3f-9bea-a77b223b1cff.pdf
Regulatory Filings
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HEXAWARE
HEXT/SE/2026/50
Date: May 14, 2026
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,
Sub: Disclosure of material event pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
With reference to our intimation filed on February 28, 2025 and August 19, 2025, with regards to receipt of order under Section 73 of the Tamil Nadu Goods & Service Tax or CGST Act, 2017 from Department of Goods and Service Tax, State Tax Officer, Chennai, please note that consequent to the appeal filed with appellate authority, the Company has received favorable order setting aside the order involving total demand of INR 15.13 crore (comprising penalty of INR 1.32 crore and applicable interest) for FY2020-21.
With respect to the above, please find attached Annexure A containing information and details as required under Regulation 30 of the LODR Regulations read with the SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
This information will also be hosted on the Company's website at www.hexaware.com
Kindly take the same on record.
Yours faithfully,
For HEXAWARE TECHNOLOGIES LIMITED
GUNJAN
SUMIT METHI
Digitally signed by
GUNJAN SUMIT METHI
Date: 2026.05.14
17:47:44 +03'30'
Gunjan Methi
Company Secretary
Encl.: as above.
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
HEXAWARE
Annexure A
| Sr.no. | Particular | Details |
|---|---|---|
| (a) | Name of the authority | Department of Goods and Service Tax, State Tax Officer, Chennai |
| (b) | Nature and details of the action(s) taken, initiated or order(s) passed; | The Company has received a favorable order from the Appellate Authority under Section 107 of the Tamil Nadu Goods and Services Tax / Central Goods and Services Tax Act, 2017. The Appellate Authority has set aside the order involving a total demand of INR 15.13 crore (comprising penalty of INR 1.32 crore and applicable interest) for FY2020-21. |
| As a result, the entire demand, including interest and penalty, has been reduced to NIL. | ||
| (c) | Date of receipt of communication from the authority | May 13, 2026 |
| (d) | Details of the violation(s)/ contravention(s) committed or alleged to be committed; | Impugned non-payment of tax on alleged non-realization of export proceeds within the timeline during FY 2020-21. |
| (e) | Impact on financial, operation or other activities of the Company, quantifiable in monetary terms to the extent possible | There is no impact on the Company's financials or operations due to the said order. |
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