Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Xchanging Solutions has informed that the Company had earlier given an unsecured loan of USD 37,929,097 (INR 1,728,289,691) during the Financial Year 2002 to 2008 to Xchanging Solutions USA Inc, wholly owned subsidiary (‘XSUI’) which has been considered as provisions INR 1,728,289,691 in the books of the Company. Further, XSUI has informed the Company that they have initiated the partial repayment of USD 22,559,096 of the above said unsecured loan. Hence, the provision made for the unsecured loan shall be reversed to the extent of the amount of repayment. The aforesaid amount would be received in INR currency and the same will be communicated once the amount is credited into the Company’s account. The details of the loan repayment are attached.
| Company Name | CMP |
|---|---|
| TCS | 2578.45 |
| Infosys | 1311.95 |
| HCL Tech. | 1428.35 |
| Wipro | 202.40 |
| Tech Mahindra | 1504.10 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: