Xchanging Solutions Adds ₹7.5 Crore Interest to Pending Litigation Demand
Xchanging Solutions Limited has issued an addendum to its earlier disclosure regarding pending litigation. This update clarifies that while the principal demand and penalty amounts remain unchanged fr...
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Why is Xchanging Solutions Limited in the news today?
Xchanging Solutions Limited (XCHANGING) is in the news due to the announcement provides an update on pending litigation, specifically quantifying an estimated interest amount. while the addition of interest increases the total demand, the core demand and penalty amounts remain unchanged, and the update is a clarification rather than a new negative development.
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Xchanging Solutions Adds ₹7.5 Crore Interest to Pending Litigation Demand
December 26, 2025, 05:01 PM
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Xchanging Solutions Limited has issued an addendum to its earlier disclosure regarding pending litigation. This update clarifies that while the principal demand and penalty amounts remain unchanged from previous disclosures, an estimated interest amount has now been quantified and added.
The total demand amount, as initially disclosed on August 14, 2023, was ₹1,05,55,74,464. The estimated increase in interest cost due to roll-forward, which accrues daily until the demand is finalized, amounts to ₹7,49,57,836. Consequently, the total demand amount as per the order dated November 27, 2025, now stands at ₹1,13,05,32,300.
This addendum serves to provide a more precise figure by including the quantified interest, aligning with disclosures made in 2023. The company has requested that this addendum be taken on record.
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