Xtglobal Infotech Limited 38th AGM Details

• AGM Date: September 29, 2026
• Proposed Transactions: Up to Rs 220 Crores with US subsidiaries

Reader Takeaway: Shareholders will vote on leadership continuity and significant operational funding for US-based subsidiaries this September.

What just happened

Xtglobal Infotech Limited has officially scheduled its 38th Annual General Meeting (AGM) for September 29, 2026, at 10:00 AM. In compliance with current regulatory norms, the company will conduct the meeting entirely through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). Shareholders as of the cut-off date, September 23, 2026, are eligible to vote.

Agenda Items

The AGM will address both ordinary and special business. Key items include:

• Adoption of audited standalone and consolidated financial statements for FY 2026.
• Reappointment of Ms. Vuppuluri Sreedevi as Executive Director for a five-year term at an annual remuneration of Rs 12 lakhs.
• Appointment of Mr. Jitesh Raghu Mullapudi as a Non-Executive Non-Independent Director and Mr. Venkata Madhusudhana Rao Paladugu as an Independent Director.
• Reappointment of M/s. C. Ramachandram & Co. as Statutory Auditors for five years.

Material Related Party Transactions

The company is seeking shareholder approval for substantial transactions with its US subsidiaries for FY 2026-27. This includes up to Rs 200 crore for Xtglobal, Inc. and Rs 20 crore for Network Objects, Inc. for software, ITES, and consulting services, alongside USD-denominated employee cost allocations.

Shareholder Participation

Shareholders can exercise their voting rights through remote e-voting, which opens on September 25, 2026, and concludes on September 28, 2026. Queries regarding the agenda can be directed to the company secretary at least two days prior to the event.