Xchanging Solutions Limited has published a newspaper advertisement regarding the dispatch of its postal ballot notice under Regulation 47 of SEBI Listing Regulations. The company issued communication XSL/SE/2026-27/02 dated April 03, 2026, to both BSE Limited and National Stock Exchange of India Limited, confirming the completion of postal ballot notice dispatch through electronic means.

Postal Ballot Process Details

The postal ballot seeks shareholder approval for the appointment of Mrs. Padmaja Priyadarshini as Non-Executive and Independent Director of the company. The comprehensive voting process has been structured to ensure maximum shareholder participation through electronic means.

Regulatory Compliance and Publication

Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published the advertisement in Financial Express (English) and Sanjevani (Kannada) newspapers on April 03, 2026. The advertisement informed shareholders about the completion of postal ballot notice dispatch through electronic means.

Special Window for Share Transfer

The company has also announced an extension of the special window for re-lodgement of transfer requests of physical shares. This facility has been extended for one year from February 05, 2026 to February 04, 2027, providing eligible shareholders additional time to complete their transfer documentation.

Director Profile and Qualifications

Mrs. Padmaja Priyadarshini, aged 50 years, brings extensive academic credentials and professional experience to the board. She holds multiple post-graduate degrees including M.Sc. from University of Madras, MBA from IGNOU, M.Phil. from Alagappa University, and Ph.D. from Pondicherry University in Women Entrepreneurship.

Her professional background spans 27 years across various sectors including 10 years in banking, 3 years in B-school teaching, and 14 years as Managing Director of HomePlanGuru Civil Consultants Pvt Ltd. She has also served as statistical consultant for South African universities and co-authored "International Economics" with Prof Paul Krugman.

Voting Process and Information Access

The company has engaged KFin Technologies Limited as Registrar and Share Transfer Agent for enabling e-voting facilities. Mr. Ankush Agarwal, Partner of MAKS & Co., Company Secretaries, has been appointed as Scrutinizer for the postal ballot process.

Shareholders can access the postal ballot notice and related information through multiple channels including the company's website at https://www.dxc.com/in/en/about-us/xchanging-solutions-limited-investor-relations , and the e-voting platform at https://evoting.kfintech.com . The results will be declared on or before Tuesday, May 5, 2026.

Xchanging Solutions has announced its Q3FY26 financial results for the quarter ended December 31, 2025, showing mixed performance with revenue growth but a decline in net profit. The company also announced the appointment of a new independent director to strengthen its board.

Financial Performance Overview

The company's consolidated revenue from operations increased to ₹4,832 lakhs in Q3FY26 compared to ₹4,564 lakhs in the corresponding quarter of the previous year, representing a 6% year-on-year growth. However, consolidated net profit declined to ₹1,318 lakhs from ₹1,448 lakhs in Q3FY25.

Nine Months Performance

For the nine months ended December 31, 2025, the company demonstrated strong performance with consolidated revenue reaching ₹15,162 lakhs compared to ₹13,416 lakhs in the corresponding period of the previous year. Net profit for the nine-month period stood at ₹4,321 lakhs versus ₹3,493 lakhs in the previous year.

Board Appointment

The Board of Directors approved the appointment of Mrs. Padmaja Priyadarshini B N as an Additional Director in the category of Non-Executive Independent Director for a five-year term commencing February 5, 2026, subject to shareholder approval. Dr. Priyadarshini brings extensive experience across banking, academia, and entrepreneurship, currently serving as Managing Director of HomePlanGuru Civil Consultants Pvt Ltd.

Operational Highlights

The company operates in the Information Technology services segment and has recognized an incremental impact of ₹103 lakhs under employee benefits expense due to the new Labour Codes notified by the Government of India. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on February 5, 2026.