Xelpmoc Design & Tech Promoters Reduce Shareholding by 2.20% Through Open Market Sales

Xelpmoc Design & Tech Ltd has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, detailing significant shareholding changes by its promoter group. The disclosure covers transactions executed between September 3, 2025, and December 24, 2025, involving multiple promoters and persons acting in concert.

Shareholding Changes Overview

The promoter group collectively disposed of 3,24,804 shares, representing 2.20% of the company's total share capital, through open market transactions. This resulted in a reduction of their combined shareholding from 51.93% to 49.73%.

Parameter:	Before Transaction	After Transaction	Change
Total Promoter Holding:	76,64,511 shares (51.93%)	73,39,707 shares (49.73%)	-3,24,804 shares (-2.20%)
Share Capital:	₹14.76 crores	₹14.76 crores	No change
Total Equity Shares:	1,47,59,493 shares	1,47,59,493 shares	No change

Individual Promoter Holdings

The shareholding pattern shows varying changes among different promoters. Sandipan Chattopadhyay maintained his position as the largest individual shareholder, while others reduced their stakes significantly.

Promoter Name:	Current Holding	Percentage	Previous Holding	Change
Sandipan Chattopadhyay:	40,79,102 shares	27.64%	40,79,102 shares	No change
Srinivas Koora:	23,52,766 shares	15.94%	23,97,448 shares	-44,682 shares
Bhavna Chattopadhyay:	2,44,257 shares	1.65%	4,26,509 shares	-1,82,252 shares
Jaison Jose:	6,43,739 shares	4.36%	7,41,609 shares	-97,870 shares
Manjula Koora:	19,760 shares	0.13%	19,760 shares	No change
Bobby Jose:	10 shares	0.00%	10 shares	No change
Natasha Nayar:	73 shares	0.00%	73 shares	No change

Transaction Pattern Analysis

The detailed annexure reveals systematic disposal patterns across the period. Bhavna Chattopadhyay executed the most frequent transactions with 19 separate disposal events, reducing her stake from 4,26,509 shares to 2,44,257 shares. The largest single-day disposal occurred on December 9, 2025, when she sold 42,724 shares.

Major Disposal Events:	Date	Promoter	Shares Sold	Impact
Largest Single Disposal:	December 9, 2025	Bhavna Chattopadhyay	42,724 shares	0.29%
Second Largest:	December 16, 2025	Jaison Jose	37,082 shares	0.25%
Third Largest:	December 23, 2025	Bhavna Chattopadhyay	30,856 shares	0.21%

Capital Structure

The company's equity share capital remains unchanged at ₹14,75,94,930, divided into 1,47,59,493 equity shares of ₹10 each. The total diluted share capital, assuming full conversion of outstanding convertible securities, stands at ₹15,10,59,560 divided into 1,51,05,956 equity shares.

All share disposals were executed through open market transactions on recognized stock exchanges. The disclosure indicates no encumbrance of shares through pledge, lien, or non-disposal undertakings. This disclosure was signed by Srinivas Koora on behalf of the acquirer/seller and persons acting in concert, dated December 26, 2025, from Hyderabad.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.55%	-5.11%	-2.25%	+37.78%	-6.66%	-53.30%

Xelpmoc Design & Tech Limited, a technology solutions provider, has reported its financial results for the second quarter of fiscal year 2026, showcasing a transition in its business focus and ongoing product development efforts.

Financial Performance

The company recorded consolidated operating revenue of INR 7.60 million in Q2 FY26, down from INR 16.30 million in Q2 FY25. This decrease is attributed to the company's strategic shift from the start-up segment to corporate clients. The operating EBITDA loss stood at INR 16.10 million for the quarter.

Financial Metric	Q2 FY26	Q2 FY25
Operating Revenue	7.60	16.30
Operating EBITDA	(16.10)	(10.20)

Product Development Focus

Xelpmoc is actively developing two key AI-powered products:

RELY: An eldercare solution targeting the AgeTech industry.
DocuXray: A framework for document processing, currently being applied in the legal tech and fintech spaces.

The company expects these products to start monetizing by Q3-Q4 FY26, with pilot projects for RELY scheduled to begin in the current quarter or early December.

Market Outlook and Strategy

Srinivas Koora, Whole-Time Director and CFO, stated, "We are concentrating on products. And when you concentrate on product, it initially takes time. So the target is next couple of quarters, we should turn to profitability or breakeven. That's what we are working towards."

The company is seeing interest from corporate clients for its services and solutions, although conversion is taking longer than expected. Xelpmoc is currently engaged with about 2 customers for DocuXray and 4 customers for data science projects.

Future Prospects

Sandipan Chattopadhyay, Managing Director and CEO, expressed optimism about the company's future, citing increased market understanding of the value that companies like Xelpmoc bring in implementing AI solutions. He noted, "People have realized that, yes, it sounds very good, a good demo and the prototype is easy. But when it goes into actual work, it starts giving more wrong answers than right answers. So we need the right people to do it."

The company is also exploring opportunities in the insurance and tech sectors, although these are taking more time to materialize.

Xelpmoc aims to achieve EBITDA profitability within the next couple of quarters, banking on the success of its new products and the growing recognition of its expertise in the AI and data science domain.