Hexaware Technologies Ltd
Hexaware Technologies fined INR 11,64,167 by RBI for delayed FC TRS filing
REGULATORY
▼ Concern Flagged
LOW RISK
📅 Filed on BSE: 31 Mar 2026, 03:05 PM IST · BSE ID: 32b2f370-5183-4394-9e38-b5a594e603ab
View Original BSE Filing (PDF)
💡
In Simple Terms
India's banking regulator RBI fined Hexaware INR 11,64,167 for filing paperwork late when the company delisted and transferred shares in 2021.
🤖 AI Summary
- RBI issued compounding order on March 30, 2026 levying penalty of INR 11,64,167
- Violation: delayed filing of Form FC TRS for shares transferred in 2021 delisting
- Transferred shares acquired by HT Global Holdings B.V as part of delisting process
- Company asserts no material financial or operational impact from RBI order
- Company will proceed to comply with RBI compounding order
🔢 Key Numbers — exact figures from BSE filing, not rounded
RBI Compounding Penalty
INR 11,64,167
Penalty Receipt Date
March 30, 2026
🏢 How This Affects the Company
Penalty of INR 11,64,167 recorded; company states no material impact on financials or operations.
👥 What This Means For Shareholders
✅
Action Required
No action required by shareholders; compliance matter is between company and RBI.
👤
Who Is Affected
All shareholders hold company exposed to regulatory penalties; however, amount is immaterial relative to typical market capitalisation.
🔍
Management Signal
Management disclosed historical compliance gap transparently; proactive filing signals intent to maintain regulatory standing.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Annual Report FY26 — confirm penalty amount disclosed in financial statements and notes
RBI regulatory filings — monitor for any additional compliance orders related to delisting process
Form FC TRS filing status — track whether company's Form FC TRS filings are current post-settlement
LOW RISK
Penalty is immaterial; compounding order enables closure. No ongoing enforcement action or additional regulatory scrutiny flagged.
💡 Investor Takeaway
RBI levied penalty of INR 11,64,167 for delayed Form FC TRS filing on 2021 delisting shares. Company confirmed no material financial or operational impact. Matter is settled via compounding order dated March 30, 2026.
⚖️ Strengths & Concerns
✅ Positives
- Company disclosed violation transparently under Reg 30 LODR, signaling regulatory compliance discipline.
- RBI issued compounding order, enabling closure of matter through settlement rather than prolonged enforcement action.
⚠️ Concerns
- Delayed Form FC TRS filing for 2021 delisting indicates procedural gaps in cross-border regulatory compliance framework.
- Violation stems from 2021 delisting — suggests governance issue persisted over 5-year period before RBI action.