TCS informed the exchanges that the United States Court of Appeals for the Fifth Circuit had on November 21, 2025 (US time) issued an adverse ruling in a trade secret misappropriation case filed by Computer Science Corporation (CSC), which has since merged with DXC Technology.
In its exchange filing, TCS said the appeals court upheld an earlier district court decision on damages.
However, the court also vacated the previously granted injunction and directed the United States District Court, Northern District of Texas, Dallas Division, to reevaluate the injunction based on its instructions.
The injunction, if upheld, may prohibit TCS from certain business activities related to the disputed intellectual property. His vacation allows the company to continue operations without the additional legal restrictions of continuing proceedings.
The dispute concerns allegations made by CSC that TCS has misappropriated confidential information. In June last year, a US court ruled that the IT major was liable for misappropriation of trade secrets and was assessed $194 million.
TCS said it is reviewing the latest ruling and evaluating its legal options, including a possible appeal to the relevant authorities. The company also said it intends to “vigorously defend its position” as the matter moves forward.
Additionally, the filing noted that any necessary accounting provisions related to the case will be reflected in the financial statements in accordance with applicable standards.
Also Read: 12 Penny Stocks Collapsed Up To 65% In One Month do you have any
(disclaimer: Recommendations, suggestions, opinions and views given by experts are their own. (These do not represent the views of The Economic Times)
As a trusted and reliable news source
Add now!
(You can now subscribe to our ETMarkets WhatsApp channel)
