Xtglobal Infotech Limited's 38th AGM: All Resolutions Passed Unanimously
Xtglobal Infotech Limited held its 38th AGM on September 29, 2026. All resolutions, including financial statement adoption and director appointments, were passed unanimously. Shareholders approved the reappointment of Ms. Vuppuluri Sreedevi and the appointments of Mr. Jitesh Raghu Mullapudi and Mr. Venkata Madhusudhana Rao Paladugu. Material related party transactions for FY27 were also approved.
The approval of financial statements, director appointments, and related party transactions are routine corporate governance activities. While positive, they do not represent a significant new development for the company's immediate business operations or financial outlook.
The announcement details the unanimous passing of all resolutions at the AGM, indicating strong shareholder support and confidence in the company's management and decisions.
Xtglobal Infotech Limited held its 38th Annual General Meeting (AGM) on September 29, 2026, at 10:00 AM via video conferencing. The company has submitted the voting results and the Scrutinizer's Report for the resolutions transacted during the meeting.
All resolutions presented at the AGM were passed unanimously by the shareholders. These included the approval and adoption of the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. Additionally, shareholders approved the reappointment of Ms. Vuppuluri Sreedevi as a director retiring by rotation and as Whole-time Director. The reappointment of the Statutory Auditors was also approved. Further, the appointment of Mr. Jitesh Raghu Mullapudi as a Non-Executive Non-Independent Director and Mr. Venkata Madhusudhana Rao Paladugu as an Independent Director were approved. Lastly, material related party transactions for the financial year 2026-27 received shareholder approval.
The voting results indicate strong shareholder participation and support for all agenda items, with promoters and public shareholders voting overwhelmingly in favor of each resolution.
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