Digitide Solutions Limited has informed the Exchange regarding a press release dated September 23, 2025, titled "Update on the recent announcement on H-1B visa applications".
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Digitide Solutions Limited has issued a press release addressing the recent H-1B visa regulatory changes. The company clarified that it has minimal reliance on H-1B visas due to its diverse mix of onshore and offshore professionals. The additional H-1B fees do not apply to existing employees with valid visas or to visa renewals and extensions. Notably, India accounts for 65% of Digitide's consolidated revenues, reducing its exposure to US visa policy shifts. Based on its current assessment, the company does not foresee any material impact on its operations or financial performance and will continue to monitor developments.
This is a reassuring disclosure for shareholders — Digitide has effectively communicated that H-1B policy changes are unlikely to hurt its business. The stock may see limited negative impact from broader H-1B-related concerns affecting the Indian IT sector.