Office: 8th Floor, 13th Level, Q1, Loma Co-Developers1 Private Limited, Plot No.Gen-4, TTC Industrial
As filed · Hexaware Technologies Limited has informed the Exchange about i) Voluntary liquidation / wind down of step-down subsidiary in Netherland
DistressDeterioratingCriticalmateriality 100 out of 100
What happened
FactOffice: 8th Floor, 13th Level, Q1, Loma Co-Developers1 Private Limited, Plot No.Gen-4/1, TTC Industrial.
Why it matters
CapitSignal interpretationOnce an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
Watch next
Fact- Admission or rejection of the application by the tribunal
- Appointment of a resolution professional
- Claims admitted against the company
- CY25 Margin outlook: Reported EBIDTA outlook of 17.1% - 17.2% post merit increase (management committed by FY27)
Evidence
How CapitSignal classified this
- Reasoning:
- INSOLVENCY base 93; +2 corroborating keywords; +5 quantified amount; explicit insolvency/default evidence present; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%