XTGlobal Infotech Formally Discloses USD 796,900 TxDOT AI Contract Under SEBI Rules

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

XTGlobal Infotech has formally disclosed its USD 796,900 AI enablement project with Texas Department of Transportation (TxDOT) under SEBI Regulation 30. The six-month contract, executed through subsidiary XTGlobal Inc., involves developing AI-enabled engineering services with milestone-based deliverables from March 16 to September 30, 2026, strengthening the company's transportation vertical and public sector capabilities.

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*this image is generated using AI for illustrative purposes only.

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 INR 7.20 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
-2.27%-8.46%+4.20%-13.17%-26.53%-44.23%

XTGlobal Infotech Receives Exchange Approval for Listing 5,61,500 ESOP Shares

1 min read     Updated on 25 Feb 2026, 05:22 PM
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Reviewed by
Ashish TScanX News Team
Overview

XTGlobal Infotech Limited received approval from BSE and NSE for listing 5,61,500 equity shares under its Employee Stock Benefit Scheme 2020. The shares with face value Re. 1/- each and distinctive numbers 133562206 to 134123705 commenced trading on February 25, 2026. The company complied with SEBI Regulation 30 requirements by informing both exchanges about this development.

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*this image is generated using AI for illustrative purposes only.

XTGlobal Infotech Limited has successfully obtained approval from both major Indian stock exchanges for listing and trading of equity shares allotted under its employee stock option plan. The company received formal approval letters from BSE Limited and National Stock Exchange of India Limited for the listing of shares issued pursuant to exercise of stock options under the Employee Stock Benefit Scheme 2020.

Share Listing Details

The exchanges have approved the listing and trading of equity shares with the following specifications:

Parameter: Details
Number of Equity Shares: 5,61,500
Face Value: Re. 1/- each
Distinctive Numbers: 133562206 to 134123705
Trading Commencement Date: February 25, 2026
Symbol (NSE): XTGLOBAL
Series: EQ

Exchange Approvals

National Stock Exchange of India Limited issued its approval letter dated February 24, 2026, confirming that the equity shares are listed and admitted to dealings on the exchange from February 25, 2026. The NSE communication referenced application NSE/LIST/2026/53601 and provided detailed specifications for the newly listed securities.

Similarly, BSE Limited granted its approval through letter LOD/ESOP/TP/No. 397/2025-2026 dated February 24, 2026. The BSE approval letter, signed by Assistant Vice President Mr. Marian Dsouza, confirmed that trading members of the exchange are allowed to trade in the securities effective from February 25, 2026.

Regulatory Compliance

XTGlobal Infotech Limited informed both exchanges about this development in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's communication was signed by Sridhar Pentela, Company Secretary & Compliance Officer (ACS 55735), and dated February 25, 2026.

Both exchanges have directed the company to use their respective electronic filing systems for future submissions. NSE specified the use of NEAPS (NSE Electronic Application Processing System), while BSE referenced its listing centre for critical price sensitive information and other regulatory submissions under SEBI regulations.

Corporate Structure

The newly listed shares were allotted pursuant to the exercise of stock options under XTGlobal Infotech Limited's Employee Stock Benefit Scheme 2020. The company is headquartered in Hyderabad, with its registered office located at Ramky Selenium, Financial District Nanakramguda, Hyderabad, Andhra Pradesh.

Historical Stock Returns for Xtglobal Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
-2.27%-8.46%+4.20%-13.17%-26.53%-44.23%

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1 Year Returns:-26.53%