SEC Filings

6-K
WNS (HOLDINGS) LTD filed this Form 6-K on 08/06/2018
Entire Document
 


Table of Contents

WNS (HOLDINGS) LIMITED

NOTES TO UNAUDITED CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

(Amounts in thousands, except share and per share data)

 

26.

Subsidiaries

The following is a list of subsidiaries of WNS as at June 30, 2018:

 

Direct subsidiaries

 

Step subsidiaries

   Place of
incorporation
WNS Global Services Netherlands Cooperatief U.A.      The Netherlands
  WNS Global Services Philippines Inc.    Philippines
  WNS Global Services (Romania) S.R.L.    Romania
WNS North America Inc.      Delaware, USA
  WNS Business Consulting Services Private Limited    India
  WNS Global Services Inc.    Delaware, USA
  WNS BPO Services Costa Rica, S.R.L    Costa Rica
  Denali Sourcing Services Inc. (1)    Delaware, USA
WNS Assistance Limited (previously WNS Workflow Technologies Limited)      United Kingdom
  WNS Assistance (Legal) Limited (5)    United Kingdom
  Accidents Happen Assistance Limited    United Kingdom
  WNS Legal Assistance LLP (6)    United Kingdom
WNS (Mauritius) Limited      Mauritius
  WNS Capital Investment Limited    Mauritius
 

- WNS Customer Solutions (Singapore) Private Limited

   Singapore
 

-WNS Global Services (Australia) Pty Ltd

   Australia
 

- WNS New Zealand Limited(7)

   New Zealand
 

-Business Applications Associates Beijing Ltd

   China
  WNS Global Services Private Limited (8)    India
 

- WNS Global Services (UK) Limited (2)

   United Kingdom
 

- WNS Global Services SA (Pty) Limited

   South Africa
 

- WNS B-BBEE Staff Share Trust(3)

   South Africa
 

- Ucademy (Pty) Limited (4)

   South Africa
 

- MTS HealthHelp Inc. (9)

   Delaware, USA
 

- HealthHelp Holdings LLC (9)

   Delaware, USA
 

- HealthHelp LLC (9)

   Delaware, USA
 

- Value Edge Inc. (10)

   Delaware, USA
 

- Value Edge AG. (10)

   Switzerland
 

- Value Edge GmbH (10)

   Germany
  WNS Global Services (Private) Limited    Sri Lanka
  WNS Global Services (Dalian) Co. Ltd.    China

 

(1)

On January 20, 2017, the Company acquired all outstanding equity shares of Denali Sourcing Services Inc.

(2)

WNS Global Services (UK) Limited is jointly held by WNS Global Services Private Limited and WNS (Holdings) Limited. As at June 30, 2018, the percentage of holding of WNS Global Services Private Limited is 60.6% and of WNS (Holdings) Limited is 39.4%. On July 5, 2018, WNS Global Services Private Limited purchased an additional 30,000 shares of WNS Global Services (UK) Limited from WNS (Holdings) Limited. Following this purchase, the percentage of holding of WNS Global Services Private Limited stands at 66.5% and of WNS (Holdings) Limited at 33.5%.

(3)

The WNS B-BBEE Staff Share Trust (the “trust”) was registered on April 26, 2017 in relation to the grant of share appreciation rights by WNS Global Services SA (Pty) Limited. The trust holds 10% of the equity capital of WNS Global Services SA (Pty) Limited and the balance 90% is held by WNS Global Services (UK) Limited.

(4)

Ucademy (Pty) Limited has been incorporated as a subsidiary of WNS Global Services SA (Pty) Limited with effect from June 20, 2016.

(5)

WNS Assistance (Legal) Limited, a wholly owned subsidiary of WNS Assistance Limited, was incorporated on April 20, 2016.

(6)

WNS Legal Assistance LLP is a limited liability partnership, organized under the laws of England and Wales in November 2014. WNS Legal Assistance LLP provides legal services in relation to personal injury claims within the Auto Claims BPM (as defined in Note 27) segment in the UK. During the year ended March 31, 2018, the Company acquired 20% of the equity capital of WNS Legal Assistance LLP from Prettys Solicitors (the non-controlling interest in WNS Legal Assistance LLP) as a consequence of which, WNS Legal Assistance LLP has become a wholly owned subsidiary of WNS Assistance Limited. As at March 31, 2018, WNS Legal Assistance LLP is 98.75% owned by WNS Assistance Limited and 1.25% owned by WNS Assistance (Legal) Limited.

(7)

WNS New Zealand Limited, a wholly owned subsidiary of WNS Global Services (Australia) Pty Ltd, was incorporated on June 13, 2017.

(8)

WNS Global Services Private Limited is held jointly by WNS (Mauritius) Limited and WNS Customer Solutions (Singapore) Private Limited. The percentage of holding of WNS (Mauritius) Limited is 80% and of WNS Customer Solutions (Singapore) Private Limited is 20%.

(9)

On March 15, 2017, the Company acquired all ownership interests of MTS HealthHelp Inc. and its subsidiaries, which existed on that date. HealthHelp Holdings LLC is 63.7% owned by MTS HealthHelp Inc. and 36.3% owned by WNS North America Inc.

(10)

On June 14, 2016, the Company acquired all outstanding equity shares of Value Edge Research Services Private Limited. As part of the acquisition, the Company also acquired the three subsidiaries of Value Edge Research Services Private Limited, which existed on that date. Value Edge Research Services Private Limited was merged with and into WNS Global Services Private Limited pursuant to a Scheme of Amalgamation approved by the National Company Law Tribunal on July 27, 2017.

 

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