Xtglobal Infotech has informed that the meeting of Board of Directors of XTGlobal Infotech (Formerly Frontier Informatics) held on Saturday, 07th August, 2021 through Video Conferencing, at 10:00 AM and concluded at 11:15 AM, the following business were transacted by the Board: The Unaudited Standalone and Consolidated Financial Results of the Company under IND-AS for the quarter ended on 30th June 2021, pursuant to Regulation 33 of the Listing Regulations; The Limited Review Report for the Quarter ended on 30th June, 2021;The Board has considered and accorded consent as per the recommendation provided by the Audit Committee for providing additional loan up to Rs. 5,00,00,000 to the wholly-owned subsidiary Company, Xenosoft Technologies (India) for its principal business activities and working capital requirements in compliance with the applicable laws; Other general matters
The above information is a part of company’s filings submitted to BSE.
