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Xelpmoc Design and Tech gets nod to invest in Mayaverse

15 Feb 2023 Evaluate

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.

Peers
Company Name CMP
TCS 2267.00
Infosys 1062.20
HCL Technologies 1321.00
Wipro 168.90
Tech Mahindra 1542.00
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