Exato Technologies Limited Achieves Platinum Partner Status with NICE Ltd for Fifth Consecutive Year

1 min read     Updated on 28 Jan 2026, 09:17 PM
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Reviewed by
Ashish TScanX News Team
Overview

Exato Technologies Limited has been recognized as a Platinum Partner by NASDAQ-listed NICE Ltd under the NICE 360 SUCCEED Global Program for 2026, based on its 2025 performance in the APAC region. This achievement marks the fifth consecutive year the company has earned this highest tier partnership status. The recognition provides access to various benefits including rebates, marketing support, training programs, and participation in global events, which the company will utilize in its ordinary business operations.

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Exato Technologies Limited has secured recognition as a Platinum Partner by NICE Ltd under the NICE 360 SUCCEED Global Program for 2026, marking a significant milestone in the company's partnership journey. The announcement was made through a regulatory filing under Regulation 30 of SEBI regulations on January 28, 2026.

Partnership Recognition Details

The recognition represents the highest tier of partnership available under NICE's global program and has been awarded based on Exato Technologies' performance during 2025 in the APAC region. NICE Ltd is a NASDAQ-listed global leader in customer service automation, making this partnership particularly valuable for Exato Technologies' business operations.

Partnership Details: Information
Partner Status: Platinum Partner
Program: NICE 360 SUCCEED Global Program
Recognition Year: 2026
Performance Period: 2025
Geographic Focus: APAC Region
Consecutive Years: Fifth

Program Benefits and Advantages

As a Platinum Partner, Exato Technologies gains access to a comprehensive range of program benefits designed to support business growth and development. The company is eligible for multiple advantages under the partnership arrangement:

  • Rebates: Financial incentives based on performance metrics
  • Marketing Development Support: Collaborative marketing initiatives and resources
  • Training Enablement: Access to specialized training programs and certifications
  • Global Event Participation: Inclusion in NICE's international conferences and events

Strategic Significance

This marks the fifth consecutive year that Exato Technologies has achieved Platinum Partner status, demonstrating consistent performance and strong engagement within the NICE partner ecosystem. The sustained recognition reflects the company's ability to maintain high standards of service delivery and partnership collaboration over an extended period.

The company has indicated it will utilize the program benefits in the ordinary course of business, subject to applicable policies and commercial arrangements established under the partnership framework.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 read with Schedule III, Part B of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was signed by Geeta Jain, Company Secretary and Compliance Officer, and filed with BSE Limited where the company trades under scrip code 544626.

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Exato Technologies Receives Favourable Income Tax Order, Demand Reduced by 94% to ₹4.09 Lakh

2 min read     Updated on 28 Jan 2026, 09:12 PM
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Reviewed by
Jubin VScanX News Team
Overview

Exato Technologies Limited received a favourable Income Tax order on January 27, 2026, reducing its tax demand for Assessment Year 2024-25 from ₹73.42 lakh to ₹4.09 lakh. The total outstanding demand including interest decreased from ₹78.56 lakh to ₹5.89 lakh, representing a 92.5% reduction. The relief was granted following the company's rectification application under Section 154, which addressed issues related to non-allowance of MAT credit and clerical errors in the original assessment.

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Exato Technologies Limited has received substantial relief from the Income Tax Department, with its tax demand for Assessment Year 2024-25 being reduced by over 94% from ₹73.42 lakh to ₹4.09 lakh. The company made this disclosure on January 28, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company received an intimation letter dated January 27, 2026, regarding an order under section 154 read with section 143(1) of the Income-tax Act, 1961. This development represents a significant positive outcome for the technology company, which had previously disclosed the higher tax demand in its Red Herring Prospectus dated November 21, 2025.

Background of the Tax Demand

The original tax demand had emerged when Exato Technologies filed its Income Tax Return for Assessment Year 2024-25 under the normal provisions of the Income Tax Act, 1961. The subsequent intimation order issued under section 143(1) raised a substantial tax demand primarily due to two key issues: the non-grant of eligible Minimum Alternate Tax (MAT) credit under section 115JAA and an inadvertent increase in assessed income.

Recognizing these apparent mistakes in the intimation order, the company filed a rectification application under section 154 of the Act. The application specifically highlighted the non-allowance of MAT credit that was legitimately carried forward from earlier years, along with other clerical errors that had resulted in the inflated demand.

Revised Tax Demand Details

The Income Tax Department's favourable order has resulted in dramatic reductions across all components of the demand:

Component: Original Demand Revised Demand Reduction
Tax: ₹73.42 lakh ₹4.09 lakh ₹69.33 lakh
Interest: ₹4.40 lakh ₹1.79 lakh ₹2.61 lakh
Total: ₹78.56 lakh ₹5.89 lakh ₹72.67 lakh

The reduction was achieved primarily through the grant of MAT credit under section 115JAA of the Income-tax Act, 1961, and correction of the assessed income. This represents a total relief of ₹72.67 lakh, reducing the overall outstanding demand by approximately 92.5%.

Regulatory Compliance and Disclosure

Exato Technologies has fulfilled its disclosure obligations under SEBI regulations by promptly informing BSE Limited about this development. The company's communication, signed by Company Secretary and Compliance Officer CS Geeta Jain, included detailed annexures as required under SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

The favourable outcome demonstrates the effectiveness of the company's approach in addressing the initial assessment discrepancies through proper legal channels. This significant reduction in tax liability is expected to have a positive impact on the company's financial position and removes a substantial contingent liability that was previously disclosed in the company's offer documents.

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