Datamatics Global Services Announces Liquidation of Netherlands Step-Down Subsidiary

1 min read Updated on 24 Feb 2026, 04:44 PM

Reviewed by

Jubin VScanX News Team

Overview

Datamatics Global Services Limited has completed the liquidation of its Netherlands-based step-down subsidiary, Datamatics Global Services B.V., effective February 18, 2026. The company disclosed this development to BSE and NSE on February 24, 2026, under SEBI's Regulation 30 compliance requirements. This follows an earlier disclosure made on March 25, 2025, indicating the liquidation was part of an ongoing corporate restructuring process.

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

Datamatics Global Services Limited has announced the liquidation of its step-down subsidiary Datamatics Global Services B.V. (Netherlands), effective February 18, 2026. The company made this disclosure to stock exchanges on February 24, 2026, in compliance with regulatory requirements under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Regulatory Disclosure Details

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted identical communications to both major Indian stock exchanges where its shares are listed.

Exchange Details:	Information
BSE Security Code:	532528
NSE Symbol:	DATAMATICS
Disclosure Date:	February 24, 2026
Effective Liquidation Date:	February 18, 2026

Subsidiary Liquidation Process

The liquidation involves Datamatics Global Services B.V., which was incorporated in the Netherlands and operated as a step-down subsidiary of the parent company. The company received official communication regarding the completion of the liquidation process on February 24, 2026.

Previous Communications

This disclosure represents a continuation of the liquidation process, as the company had previously made a related disclosure on March 25, 2025. The current communication serves to inform stakeholders about the formal completion of the liquidation proceedings.

Corporate Compliance

The disclosure was signed by Divya Kumat, President, Chief Legal Officer & Company Secretary of Datamatics Global Services Limited. The communication was digitally signed on February 24, 2026, at 16:06:07 +05'30', ensuring proper authentication and compliance with digital signature requirements for corporate communications.

Historical Stock Returns for Datamatics Global Services

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.76%	+11.38%	+23.01%	-18.61%	+35.23%	+602.91%

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Datamatics Global Services Receives Income Tax Department Order on Transfer Pricing for AY 2023-24

1 min read Updated on 31 Jan 2026, 01:38 PM

Reviewed by

Shriram SScanX News Team

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Overview

Datamatics Global Services Limited received an Income Tax Department order under Section 144C(1) for AY 2023-24 on January 30, 2026, regarding transfer pricing adjustments for international transactions. The company is evaluating the matter and plans to file an appeal, believing it has strong factual and legal grounds. No material impact on financials or operations is expected.

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Datamatics Global Services Limited has notified stock exchanges regarding an order received from the Income Tax Department under Section 144C(1) of the Income Tax Act, 1961 for Assessment Year 2023-24. The communication was made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Order Details and Nature

The Income Tax Department issued the order on January 30, 2026, concerning scrutiny assessment for AY 2023-24. The order specifically addresses transfer pricing adjustments proposed by the Assessing Officer to determine the arm's length price of international transactions conducted by the company.

Parameter	Details
Authority	Income Tax Department
Order Type	Section 144C(1) of Income Tax Act, 1961
Assessment Year	2023-24
Receipt Date	January 30, 2026
Nature	Transfer pricing adjustment for international transactions

Company's Response and Action Plan

Datamatics Global Services is currently evaluating the merits of the matter and intends to exercise its right to file an appeal before the appellate authority within the prescribed timelines. The company has expressed confidence in its position, stating it believes there are adequate factual and legal grounds to reasonably substantiate its stance in the matter.

Financial and Operational Impact

The company has assessed that there will be no material impact on its financials, operations, or other activities as a result of this order. This assessment is based on the company's belief in the strength of its legal and factual position regarding the transfer pricing matter.

Regulatory Compliance

The disclosure was made in compliance with Para A (20) of Part A of Schedule III to the SEBI Listing Regulations. The information has also been placed on the company's website at www.datamatics.com for public access. The communication was signed by Divya Kumat, President, Chief Legal Officer and Company Secretary, on January 31, 2026.

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