Xtglobal Infotech Limited — Important, 16-01-2026: Disclosure of material issue
XTGLOBAL has signed a term sheet for a proposed acquisition of a business in the IT/ITES sector, primarily operating in the USA.
**Issue:** XTGLOBAL is pursuing an acquisition, the details of which are currently commercially sensitive but indicate a moderate-scale entity.
**Possible Impact:** This acquisition is expected to support XTGLOBAL's strategic growth, expand its business operations, create operational synergies, and strengthen its overall business profile.
**Company’s Response/Mitigation:** The proposed acquisition is subject to due diligence, execution of definitive agreements, and necessary statutory and regulatory approvals. XTGLOBAL aims to complete the acquisition within approximately three months, with consideration potentially involving cash or a share swap. Further details will be disclosed upon finalization. The company confirms it is not a related party transaction and is being undertaken at arm's length.
