Xelpmoc Design and Tech has received approval for proposal of investment in securities of Xelpmoc Design and Tech Inc, a Company incorporated under the General Corporation Law of the State of Delaware, in one or more tranches.
The company has proposed to acquired 60% into the capital of the Xelpmoc Design and Tech Inc, hence, considering the percentage of holding, the aforesaid Company will be subsidiary company of company. Accordingly, it will fall under related party. The main object of acquisition is jointly to enter US market to provide technology solutions to Startups and Corporates. The transaction is expected to be completed by end of February 2023.
Xelpmoc Design and Tech is a provider of professional and technical consulting services, offering technology services and end-to-end technology solutions and support.
