XTGlobal Infotech Increases Stake in Network Objects Inc. to 51.33%

XTGlobal Infotech Ltd has successfully acquired an additional 7% stake in Network Objects Inc., raising its total ownership to 51.33%. This acquisition, approved by the board, positions Network Objects as a subsidiary of XTGlobal. The deal reflects XTGlobal's strategic intent to strengthen its presence in the technology sector and enhance operational capabilities. The move is expected to facilitate further growth and innovation within the company, aligning with its long-term objectives.

This stock is trading at Rs 44.73 at 11.02 am

Source: Business Standard.