Hexaware Technologies Limited confirms it is not classified as a Large Corporate under the SEBI circular regarding fund-raising via debt securities, as of January 8, 2026. This determination is based on the criteria set forth in the October 19, 2023, circular, ensuring stakeholders are aware of the company’s compliance status.
Corporate Status Update
Hexaware Technologies Limited officially declared on January 8, 2026, that it does not meet the criteria to be categorized as a Large Corporate. This announcement directly addresses the requirements outlined in the SEBI circular dated October 19, 2023, concerning fund-raising through the issuance of debt securities.
Compliance Declaration
According to the company’s statement, a thorough assessment confirms that Hexaware Technologies does not fall under the specified category. This disclosure ensures that the company remains transparent with its investors and stakeholders regarding its compliance with regulatory standards. This decision is based on applicable criteria outlined in circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172.
Confirmation Details
Hexaware Technologies has provided assurance that it adheres to the relevant criteria and does not classify as a Large Corporate. The current outstanding borrowing is NIL as of December 31, 2025, with no applicable fines or penalties from stock exchanges. The highest credit rating during the previous financial year is Not Applicable. The compliance disclosure is for informational purposes to maintain transparency.
Source: BSE
