This is a regulatory disclosure filed with the National Stock Exchange of India Limited and BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The disclosure provides an update on a legal matter involving a suit filed by Computer Sciences Corporation/DXC Technology Company. The United States Supreme Court denied TCS's petition for a writ of certiorari to review the judgment of the United States Court of Appeals for the Fifth Circuit. This decision was made on June 15, 2026.
Financial Impact
As a result of this legal outcome, the company will make a necessary provision for an incremental amount of USD 70 million. This provision is for damages, interest, and legal costs and will be recorded as a one-time exceptional expense in the first quarter of FY2027 (Q1 FY2027).
The company had previously provided USD 150 million in its books of accounts for this matter, in accordance with applicable accounting standards. This disclosure is a continuation of earlier communications dated June 14, 2024 (Letter No. TCS/SE/65/2024-25) and November 22, 2025 (Letter No. TCS/SE/151/2025-26).