XTGlobal Infotech Adds Mrs. Mullapudi Kalyani Sudha to Promoter Group Following Share Transfer

1 min read     Updated on 12 Mar 2026, 04:29 PM
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Reviewed by
Shriram SScanX News Team
Overview

XTGlobal Infotech Limited has added Mrs. Mullapudi Kalyani Sudha to its promoter group following her receipt of 37,251 equity shares on March 10, 2026. The shares were transferred as a gift from her mother, Mrs. Jayalakshmi Vuppuluri, who is also part of the promoter group. Mrs. Sudha qualifies for promoter group classification as the spouse of existing promoter Mr. Mullapudi Atchuta Ramarao, and will be categorized accordingly in the company's shareholding pattern as per SEBI regulations.

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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.

Parameter: Details
New Promoter Group Member: Mrs. Mullapudi Kalyani Sudha
Relationship: Spouse of Mr. Mullapudi Atchuta Ramarao (Promoter)
Shares Received: 37,251 equity shares
Transfer Date: March 10, 2026
Transfer Method: Gift
Transferor: Mrs. Jayalakshmi Vuppuluri (Mother)

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.

Historical Stock Returns for Xtglobal Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
+0.15%+0.44%+5.68%-14.69%-3.76%-32.31%

XTGlobal Infotech Wins ₹6.6 Crore AI Engineering Contract from TxDOT

2 min read     Updated on 26 Feb 2026, 12:09 AM
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Reviewed by
Riya DScanX News Team
Overview

XTGlobal Infotech has formally disclosed its USD 796,900 AI enablement project with Texas Department of Transportation under SEBI regulations. The contract, secured through competitive selection, involves developing AI-enabled engineering services and transitioning AI proof of concept into production-ready solutions. The six-month engagement reinforces XTGlobal's vertical specialization strategy in transportation sector.

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XTGlobal Infotech Limited has formally disclosed its USD 796,900 AI enablement project with the Texas Department of Transportation (TxDOT) under SEBI regulations, providing comprehensive details about the strategic contract that strengthens its transportation vertical and public sector capabilities. The company filed the mandatory disclosure on February 26, 2026, pursuant to Regulation 30 of SEBI LODR Regulations.

Contract Details and Regulatory Disclosure

The formal disclosure reveals that XTGlobal's U.S. subsidiary, XTGlobal Inc., secured the work order through a competitive selection process for "AI Enablement for Engineering Services." The contract represents a significant milestone in the company's transportation sector expansion.

Parameter: Details
Client: Texas Department of Transportation (TxDOT)
Contract Value: USD 796,900.00 (approximately ₹6.60 crores)
Duration: Six months (March 16, 2026 to September 30, 2026)
Payment Structure: Milestone-based deliverables
Executing Entity: XTGlobal Inc., USA (subsidiary)
Renewal Option: Additional six months subject to approval

Technical Scope and AI Implementation

The project focuses on developing and implementing AI-enabled engineering services through comprehensive milestone-based deliverables. The engagement involves transitioning an Artificial Intelligence Proof of Concept into a production-ready solution supporting digital delivery initiatives within engineering and infrastructure workflows.

Key technical capabilities include AI-driven content generation, agentic AI workflows with human-in-the-loop governance, intelligent document processing, cloud-native CI/CD enablement, and AI-powered engineering productivity enhancements. The scope also encompasses digital signature enablement and Model-as-a-Legal-Document implementation.

SEBI Compliance and Corporate Governance

The disclosure confirms that the contract falls within the normal course of business and does not constitute a related party transaction. Company Secretary Sridhar Pentela signed the regulatory filing, emphasizing the company's commitment to transparent corporate governance practices.

Compliance Aspect: Status
Related Party Transaction: No
Arm's Length Transaction: Not applicable
Normal Course of Business: Yes
Regulatory Approvals Required: None in India
Promoter Interest: None

Strategic Impact and Market Position

This TxDOT engagement reinforces XTGlobal's vertical specialization strategy in Transportation and Toll sectors, positioning the company for continued expansion in AI-led modernization initiatives. The selection process emphasized engineering rigor, security compliance, AI governance, scalability, and cost competitiveness—core strengths within XTGlobal's service delivery model.

XTGlobal is a publicly traded technology services company with over two decades of experience in Enterprise Applications, Cloud, Data & Analytics, Artificial Intelligence, and Automation. Headquartered in Hyderabad with strong U.S. presence, the company serves clients across Transportation, Healthcare, Finance, Retail, and Manufacturing sectors through measurable business outcomes and scalable global capabilities.

Historical Stock Returns for Xtglobal Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
+0.15%+0.44%+5.68%-14.69%-3.76%-32.31%

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1 Year Returns:-3.76%