Xchanging Solutions Limited has completed its mandatory regulatory filing for the fourth quarter of fiscal year 2026, submitting the required compliance certificate under SEBI depository regulations. The DXC Technology subsidiary filed the certificate on April 10, 2026, ensuring adherence to securities market regulations.

Regulatory Compliance Filing

The company submitted its certificate in accordance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 for the quarter ended March 31, 2026. Company Secretary and Compliance Officer Radhika Khurana signed the submission, which was addressed to both BSE Limited and National Stock Exchange of India Limited.

Registrar Certification

KFin Technologies Limited, serving as the company's Registrar and Share Transfer Agent, provided the underlying certification dated April 1, 2026. Deputy Vice President Ganesh Chandra Patro signed certificates addressed to both Central Depository Services (India) Limited and National Securities Depository Limited.

The registrar certified that all details of securities dematerialized and rematerialized during the quarter have been properly furnished to stock exchanges where Xchanging Solutions' shares are listed. This certification covers the company's compliance with depository participant regulations.

Corporate Information

Xchanging Solutions Limited operates as a subsidiary of DXC Technology Company, with its registered office located in Electronic City, Bengaluru. The company maintains listings on both BSE and NSE, trading under script codes 532616 and XCHANGING respectively.

Regulatory Framework

The quarterly certificate filing represents a standard compliance requirement under SEBI's depository regulations. Regulation 74(5) mandates that registrar and transfer agents provide periodic confirmations regarding the handling of dematerialized and rematerialized securities transactions.

This filing ensures transparency in the company's securities operations and maintains regulatory compliance with India's securities market framework. The submission to both major depositories and stock exchanges demonstrates comprehensive adherence to market regulations.

Xchanging Solutions Limited, a DXC Technology Company, has secured a partial victory in its transfer pricing litigation case, with the Income Tax Appellate Tribunal (ITAT) Bangalore delivering a favorable ruling on April 06, 2026.

ITAT Order Details

The tribunal partly allowed the company's appeal for Assessment Year 2011-12, providing significant relief in the ongoing transfer pricing dispute. The order addresses the company's challenge against the Final Assessment Order that had imposed transfer pricing adjustments.

Key Tribunal Directions

The Hon'ble Tribunal has provided specific directions to the Assessing Officer regarding the recomputation of transfer pricing adjustments. The tribunal ordered the exclusion of certain comparable companies that were previously considered for determining the arm's length price, which formed the basis for the original assessment.

This directive requires the Assessing Officer to:

• Exclude specific comparable companies from the transfer pricing analysis
• Recompute the transfer pricing adjustment based on the revised comparable set
• Reassess the arm's length price determination methodology

Financial and Operational Impact

The company has explicitly stated that the ITAT order will have no material impact on its financial position or operational activities. This disclosure provides clarity to investors and stakeholders regarding the limited effect of the tribunal's decision on the company's business operations.

Regulatory Compliance

Xchanging Solutions has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided comprehensive details as required under the regulatory framework, ensuring transparency with stakeholders regarding the litigation development.

This development represents a continuation of the transfer pricing case that was initially disclosed in the company's letter dated December 31, 2024, demonstrating the company's commitment to keeping investors informed about material legal proceedings and their outcomes.