Xelpmoc Design and Tech has received an approval for the proposal of Investment in securities of Mayaverse Inc. (MI), a Company incorporated in United States, in one or more tranches. The main object of acquisition is to expand the company’s footprint into GameTech/ Electronic gaming using aspects of Web3 & Metaverse and to get a foothold in electronic gaming industry.
The transaction is expected to be completed by end of June 2023. Total cost of acquisition is $2,50,000 i.e., 2500 shares at an issue price of $ 100 per share. After the proposed acquisition of 2500 shares, the percentage of shareholding will be 25% into the capital of MI.
Xelpmoc Design and Tech is a provider of professional and technical consulting services, offering technology services and end-to-end technology solutions and support.
| Company Name | CMP |
|---|---|
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| Infosys | 1311.95 |
| HCL Tech. | 1428.35 |
| Wipro | 202.40 |
| Tech Mahindra | 1504.10 |
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