Xelpmoc Design and Tech Limited has made a regulatory disclosure to the BSE Limited and the National Stock Exchange of India Limited regarding a material corporate action.
Nature of the Event
The disclosure concerns the sale and disposal of the company's investment in the equity shares of Woovly India Private Limited (the "Investee Company").
Approval and Date
The Audit Committee and the Board of Directors of Xelpmoc Design and Tech Limited approved the proposal on September 11, 2026.
Transaction Details
The total consideration for the sale is ₹14,58,36,810 (Fourteen Crore Fifty-Eight Lakh Thirty-Six Thousand Eight Hundred and Ten Rupees). This valuation is based on a report obtained from a registered valuer.
Financial Impact
The disclosure confirms a cash inflow of ₹14.58 crore from the divestment. The impact on the company's investment portfolio and financial statements will be reflected following the completion of the transaction.