Xelpmoc Design And Tech Limited — Important, 17-04-2025: Disclosure of material issue

The Board of Directors of Xelpmoc Design and Tech Limited has approved a partial sale of its investment in Series Seed CCPS of Mihup Communications Private Limited. The decision involves transferring 11,782 Series Seed CCPS at a price of ₹8,487.32 per share, totaling approximately ₹99.99 crore. This investment will be divested to Accel India IV (Mauritius) Ltd and Core91 VC Fund I, with respective amounts of ₹80.01 crore and ₹19.99 crore outlined in the Share Purchase Agreement. This move reflects a strategic decision that may enhance liquidity and provide the company with additional capital to pursue future opportunities. Watch closely for how this is utilized in ongoing initiatives.