Hexaware Technologies Faces $500 Million Patent Infringement Lawsuit in US

1 min read     Updated on 03 Oct 2025, 09:13 AM
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Riya DeyScanX News Team
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Overview

Hexaware Technologies, an Indian IT services company, is facing a $500 million lawsuit filed by Natsoft Corp in the United States for alleged patent infringement. The lawsuit poses a significant financial risk for Hexaware, potentially impacting its market position and investor confidence. Hexaware has not yet issued an official statement regarding the legal action. In a separate development, the company has declared a second interim dividend of ₹5.75 per equity share, with the record date set for October 10 and payment scheduled for October 18.

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Hexaware Technologies Limited , a prominent Indian IT services company, is confronting a significant legal challenge in the United States. The company is facing a $500 million lawsuit filed by Natsoft Corp, alleging patent infringement.

Legal Action Details

Natsoft Corp has initiated legal proceedings against Hexaware Technologies, claiming patent infringement. The lawsuit, with a substantial claim of $500 million, represents a considerable financial exposure for Hexaware.

Potential Impact

The legal action poses a significant financial risk for Hexaware Technologies. A $500 million claim is substantial and could have material implications for the company's financial position and future operations if the lawsuit is successful.

Company's Response

As of now, Hexaware Technologies has not issued an official statement regarding the lawsuit. The company's response to these allegations and its strategy for defending against the claims remain to be seen.

Market Implications

This legal challenge comes at a time when Hexaware has been focusing on expanding its presence in the global IT services market. The lawsuit could potentially impact investor confidence and the company's market position.

Industry Context

Patent infringement lawsuits are not uncommon in the technology sector, where intellectual property plays a crucial role. However, the size of this claim makes it particularly noteworthy within the industry.

Recent Corporate Developments

In a separate development, Hexaware Technologies recently declared a second interim dividend. According to the company's latest corporate announcement:

  • A dividend of ₹5.75 (575%) per equity share of ₹1 each was declared.
  • The record date for this interim dividend is set for October 10.
  • The dividend will be paid on October 18 to shareholders whose names appear in the Register of Members and/or Depositories as of the record date.

This dividend announcement, made on October 1, demonstrates the company's ongoing commitment to shareholder returns, despite the looming legal challenge.

As the lawsuit progresses, stakeholders will be closely watching for any updates from Hexaware Technologies regarding its legal strategy and the potential impact on its business operations.

Historical Stock Returns for Hexaware Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-0.28%+7.14%-8.08%+13.42%-6.03%+206.86%
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Hexaware Technologies Declares ₹5.75 Per Share Second Interim Dividend for FY2025

1 min read     Updated on 01 Oct 2025, 08:02 PM
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Reviewed by
Radhika SahaniScanX News Team
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Overview

Hexaware Technologies Limited has announced a second interim dividend of ₹5.75 per equity share for FY2025. The dividend, representing 575% of the face value, was declared by the Board of Directors on October 1, 2025. The record date is set for October 10, 2025, with payment scheduled for October 18, 2025. Eligible shareholders are those listed in the Register of Members or Depositories' records as of the record date.

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

Hexaware Technologies Limited has announced a second interim dividend of ₹5.75 per equity share for the financial year 2025, as declared by its Board of Directors during a meeting held on October 1, 2025.

Dividend Details

Item Detail
Dividend Amount ₹5.75 per equity share (575% of face value)
Face Value ₹1.00 per equity share
Record Date October 10, 2025
Payment Date October 18, 2025

Shareholders whose names appear in the Register of Members or in the records of the Depositories as of the record date will be eligible to receive the dividend.

Board Meeting Highlights

The Board of Directors convened on October 1, 2025, to discuss and approve the interim dividend. The meeting commenced at 19:04 IST and concluded at 19:22 IST, as per the company's filing with the stock exchanges.

Investor Information

Hexaware Technologies, a leading IT services company, has maintained its commitment to rewarding shareholders through consistent dividend payouts. This second interim dividend for FY2025 reflects the company's strong financial position and its focus on delivering value to investors.

Shareholders and potential investors are advised to take note of the following key dates:

Event Date
Declaration Date October 1, 2025
Record Date October 10, 2025
Dividend Payment Date October 18, 2025

The company has stated that the dividend will be paid to eligible shareholders on October 18, 2025, ensuring a prompt distribution of funds.

Hexaware Technologies continues to demonstrate its financial stability and shareholder-friendly policies through this dividend declaration. Investors are encouraged to keep track of any further announcements from the company regarding its financial performance and future dividend policies.

For more information, shareholders can contact the company at investori@hexaware.com or visit the official website at www.hexaware.com .

Historical Stock Returns for Hexaware Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-0.28%+7.14%-8.08%+13.42%-6.03%+206.86%
Hexaware Technologies
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