Wipro, India’s third-largest software services firm, on Friday said it would contest the lawsuit filed by National Grid
US seeking damages of over Rs 900 crore ($140 million) for a project that began in 2009.
In a filing to the stock exchanges, Wipro
said the company had become a subject of litigation with a long-time customer, National Grid
“The lawsuit relates to an ERP implementation
project which began in 2009 and was undertaken by National Grid
US... The lawsuit in US District Court for the Eastern District of New York seeks damages amounting to $140 million plus additional costs related to the project,” Wipro
It added that the financial implications for Wipro, if any, would depend on the final judgement in the matter. Wipro
said it had joined the project in 2010, and the post-Go-live process was completed in 2014.
strongly believes that the allegations misstate facts and the claims are baseless. Wipro
will vigorously contest the allegations in court,” it said.
The Bengaluru-based company said it had provided “valuable services with skill and care” and during the course of the ERP implementation
project, National Grid
had given Wipro
many positive evaluations.
also received an award from National Grid
US with respect to this project in 2014, it noted.