Hexaware Technologies Limited — Others, 08-04-2025: Rumour Verification - Regulation 30(11)

Hexaware Technologies has announced a board meeting addressing recent allegations involving seven employees who allegedly conducted unauthorized refund transactions totaling Rs 4.83 crore while providing services for an e-commerce client. The company clarifies that these actions have not impacted its financial health and that it has filed a FIR against the individuals, who have already been terminated. Business operations remain stable. Investors may view this development as a potential risk, but the swift action taken by management suggests a proactive approach in maintaining governance and operational integrity.