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Board of XT Global Infotech approves acquisition of 7% stake in Network Objects Inc. USA

UPDATED ON : (14 Mar 2024)

The Board of XT Global Infotech at its meeting held on 14 March 2024 has approved acquisition of further 7% stake in Network Objects Inc. USA from its existing shareholder Srinivasan Raju Kosuri. After this acquisition, Network Objects Inc. will become subsidiary company of XT Global Infotech with a cumulative holding of 51.33%.