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XT Global Infotech planning for further acquisition of stake in Xenosoft Technologies

07 Jan 2020 Evaluate

XT Global Infotech is planning for further acquisition of stake in Xenosoft Technologies (India) by swap of shares through preferential allotment as per the valuation reports of both the companies. The Board of Directors of the company will meet on January 14, 2020 to consider and approve the same.

The company is also planning for raising of funds through issue of equity shares of the company on private placement basis and increase in the limits applicable for making investments / extending loans and giving guarantees or providing securities in connection with loans to bodies corporate or investment in other entities.

XT Global Infotech is engaged in on-site Consultancy Services, Offshore Software Development, Product Development, e-Commerce and Internet enabled Services.

XT Global Infotech Share Price

32.24 2.36 (7.90%)
28-Aug-2026 11:15 View Price Chart
Peers
Company Name CMP
TCS 2331.00
Infosys 1141.75
HCL Technologies 1328.65
Wipro 180.00
Tech Mahindra 1639.40
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