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XT Global Infotech to consider fund raising and acquisition of further stake in Xenosoft Technologies (India)

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Capital Market
Last Updated : Jan 07 2020 | 9:31 AM IST

On 14 January 2020

The Board of XT Global Infotech will meet on 14 January 2020 to consider and approve the following -

- raising of funds through issue of equity shares of the Company on private placement basis.

- further acquisition of stake in Xenosoft Technologies (India) by swap of shares through preferential allotment as per the valuation reports of both the companies.

- 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.

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First Published: Jan 07 2020 | 9:18 AM IST

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