XT Global Infotech will hold its 38th Annual General Meeting (AGM) on September 29, 2026, to approve its audited financial results for FY26 and ratify significant board composition changes. The meeting will be conducted via video conferencing.

Shareholders on record as of September 23, 2026, are eligible to vote and receive the interim dividend of ₹0.05 per equity share for FY27, previously approved by the Board on September 5, 2026.

Board Composition Changes

The AGM will consider several key appointments and re-appointments to strengthen the Board’s oversight:

• Re-appointment: Ms. Vuppuluri Sreedevi is recommended for re-appointment as Whole-time Director (WTD) for five years, effective from the conclusion of the AGM. Her annual remuneration is set at ₹12 Lakhs.
• New Appointments: Mr. Jitesh Raghu Mullapudi, son of Managing Director Mr. Ramarao Atchuta Mullapudi, is proposed as a Non-Executive Non-Independent Director. Mr. Venkata Madhusudhana Rao Paladugu, a Chartered Accountant with over 30 years of experience, is proposed as an Independent Director for a five-year term ending in 2031.
• Cessations: Mr. Jagannatha Prasad Malireddy and Mr. Venkata Appala Narasimha Raju Kalidindi will cease to be Directors upon completion of their tenures.

Mr. Saibaba Karuturi, an existing Independent Director, will succeed Mr. Kalidindi as Chairperson effective from the conclusion of the AGM.

Committee Reconstitution

Consequent to these changes, the Board Committees have been reconstituted as follows:

Related Party Transactions

Shareholders will approve material related-party transactions for FY27 with US subsidiaries, XTGlobal, Inc., and Network Objects, Inc., on an arm’s length basis:

Auditor and Employee Benefits

The Board recommended the re-appointment of M/s. C. Ramachandram & Co., Chartered Accountants, as Statutory Auditors for a second term of five years until the 43rd AGM. The proposed remuneration is ₹2,50,000 plus GST and out-of-pocket expenses.

Additionally, grants under the Employees Stock Benefit Scheme – 2020 were approved, covering 15,24,250 equity shares comprising 734,250 ESOs and 790,000 RSUs.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE547B01028/c7b286db-0c20-422c-adbf-0919279a33f1.pdf

Xtglobal Infotech estimates its total addressable market could reach between $50 million and $100 million over a five-year period.

Market opportunity overview

The company has projected a substantial addressable market range, with the lower bound at $50 million and the upper bound at $100 million, spanning a five-year timeframe. This estimate reflects the scale of opportunity the company sees within its operating domain.