Hexaware Technologies to attend Citi 2026 India Conference

0 min read Updated on 28 May 2026, 08:07 AM

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Ashish TScanX News Team

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Hexaware Technologies will participate in the Citi 2026 India Conference on June 05, 2026, in Mumbai, engaging with investors and analysts via one-on-one and group meetings. The event is held pursuant to SEBI regulations, and the schedule remains subject to change.

*this image is generated using AI for illustrative purposes only.

hexaware technologies will participate in the Citi 2026 India Conference on June 05, 2026, in Mumbai. The company will engage with investors and analysts through one-on-one and group meetings during the physical event scheduled for next month.

The participation is pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The schedule is subject to change due to exigencies on the part of investors or the company.

Details of Conference	Date	Place	Mode	Type of meeting
Citi 2026 India Conference	June 05, 2026	Mumbai	Physical	One to one and Group Meet

Gunjan Methi, Company Secretary & Compliance Officer, signed the intimation regarding the conference participation. The information will be hosted on the company's website.

Historical Stock Returns for Hexaware Technologies

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.04%	-0.82%	+12.68%	-31.90%	-38.06%	-33.38%

What strategic initiatives or growth areas will Hexaware highlight during the conference?

How might investor sentiment shift based on the company's engagement at the event?

What potential market impacts could arise from the discussions with analysts and investors?

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Hexaware Technologies Wins Appellate Order, GST Demand of INR 15.13 Crore Set Aside for FY2020-21

1 min read Updated on 15 May 2026, 08:19 AM

Reviewed by

Shriram SScanX News Team

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Hexaware Technologies received a favorable order from the Appellate Authority under Section 107 of the Tamil Nadu GST / CGST Act, 2017, setting aside a total GST demand of INR 15.13 crore for FY2020-21. The original demand, raised by the State Tax Officer, Chennai, related to alleged non-realisation of export proceeds within the stipulated timeline. As a result of the appellate ruling, the entire demand including interest and penalty of INR 1.32 crore has been reduced to NIL, with no financial or operational impact on the company.

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Hexaware Technologies has secured a favorable ruling from the Appellate Authority, which has set aside a GST demand of INR 15.13 crore pertaining to FY2020-21. The company received the communication from the appellate authority on May 13, 2026, and disclosed the development to stock exchanges on May 14, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appellate Order Details

The favorable order was passed under Section 107 of the Tamil Nadu Goods and Services Tax / Central Goods and Services Tax Act, 2017. The Appellate Authority set aside the original order issued by the Department of Goods and Service Tax, State Tax Officer, Chennai, which had been the subject of intimations filed on February 28, 2025 and August 19, 2025. The following table summarises the key details of the appellate order:

Parameter:	Details
Authority:	Department of Goods and Service Tax, State Tax Officer, Chennai
Appellate Provision:	Section 107 of the Tamil Nadu GST / CGST Act, 2017
Date of Communication:	May 13, 2026
Total Demand Set Aside:	INR 15.13 crore
Penalty Component:	INR 1.32 crore
Interest Component:	Applicable interest (as part of total demand)
Period in Question:	FY2020-21
Revised Demand:	NIL

Nature of the Original Dispute

The original GST demand pertained to the alleged non-payment of tax on account of non-realisation of export proceeds within the stipulated timeline during FY2020-21. The order under Section 73 of the Tamil Nadu Goods & Service Tax / CGST Act, 2017 had been issued by the Department of Goods and Service Tax, State Tax Officer, Chennai. Hexaware Technologies had subsequently filed an appeal with the appellate authority, which has now ruled in the company's favour.

Financial and Operational Impact

As a result of the appellate order, the entire demand — including interest and penalty — has been reduced to NIL. The company has stated that there is no impact on its financials or operations due to the said order. The disclosure was made in accordance with Regulation 30 of the SEBI LODR Regulations, read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Historical Stock Returns for Hexaware Technologies

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.04%	-0.82%	+12.68%	-31.90%	-38.06%	-33.38%

Are there any other pending GST disputes or tax demands from different fiscal years that Hexaware Technologies may still need to resolve?

Could this favorable ruling set a precedent for other IT/ITES companies facing similar GST demands related to non-realisation of export proceeds within stipulated timelines?

How might India's GST enforcement landscape evolve for technology exporters, particularly around export proceed realization timelines, in the coming years?