XTGlobal Infotech has officially announced that its US subsidiary, XTGlobal Inc., secured a $1.59 million contract for an Internal eForms modernization program leveraging Adobe Experience Manager (AEM) with a US-based State Transportation Agency. The company disclosed this development on April 8, 2026, through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Contract Details and Specifications

The engagement involves transforming a large portfolio of legacy internal forms into a unified, modern digital experience platform using Adobe Experience Manager. XTGlobal Inc. was selected through a competitive multi-vendor Request for Proposal (RFP) process under the agency's Software Development Services framework.

Project Scope and Implementation

The comprehensive modernization program encompasses several key components including migration and redevelopment of 230+ enterprise forms into AEM Adaptive Forms, integration with internal systems and enterprise workflows, and implementation of accessibility standards aligned with WCAG guidelines. The project follows a structured, milestone-driven Agile delivery approach with defined validation cycles over approximately 14 months, culminating in deployment, stabilization, and transition into an operational support model.

Regulatory Compliance and Disclosure

According to the official SEBI disclosure format, the contract is classified as being in the normal course of business with no regulatory approvals required in India. The work order is executed with XTGlobal Inc., USA, which is a subsidiary of XTGlobal Infotech Limited, and involves no related party transactions or promoter group interests.

Strategic Significance

This contract win reinforces XTGlobal's strategic focus on expanding its presence within US state agencies through high-value modernization programs. The selection was based on the company's demonstrated capability in delivering structured modernization programs, deep expertise in Adobe Experience Manager, and ability to execute within governance-driven public sector environments. The maximum amount payable under the work order represents a significant addition to the company's order book in the government sector modernization space.

XTGlobal Infotech Limited has announced the addition of Mrs. Mullapudi Kalyani Sudha to its promoter group following a share transfer transaction completed on March 10, 2026. The company informed both BSE and NSE about this development in compliance with SEBI regulations.

Promoter Group Addition Details

Mrs. Mullapudi Kalyani Sudha has been classified as part of the promoter group due to her relationship as the spouse of Mr. Mullapudi Atchuta Ramarao, who is an existing promoter of the company. This classification aligns with the applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Share Transfer Transaction

The share transfer involved 37,251 equity shares of XTGlobal Infotech Limited, which Mrs. Sudha received as a gift from her mother, Mrs. Jayalakshmi Vuppuluri. Notably, Mrs. Vuppuluri is already a member of the company's promoter group, making this an internal transfer within the promoter group structure.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. As a result of this transaction, Mrs. Mullapudi Kalyani Sudha will be classified under the promoter group category in the company's shareholding pattern going forward.

The intimation was signed by Sridhar Pentela, Company Secretary and Compliance Officer, and submitted to both stock exchanges on March 12, 2026, ensuring proper regulatory compliance and transparency in promoter group changes.