Xtranet Technologies Invests INR 15 Crore in Subsidiary, Boosts Digital Signature Capabilities
Xtranet Technologies Limited has invested a total of INR 15,24,99,974 into its subsidiary, Xtratrust Digisign Private Limited. The investment was made through cash consideration for the acquisition of equity shares in the specialized digital solutions company.The purchase involved acquiring 28,77,358 equity shares of Xtratrust Digisign Private Limited. These shares were allotted at an issue price of ₹53 per equity share, which includes a securities premium of ₹43.
Xtratrust Digisign Private Limited operates in the Digital Signature Certificates (DSC) industry, providing digital technology-enabled services and solutions for individuals and organizations across India. This investment aims to support the subsidiary's growth and expansion plans by enabling Xtratrust Digisign Private Limited to satisfy the minimum net worth threshold required for license procurement from the Controller of Certifying Authorities (CCA).
The parent company currently holds a 98% stake in Xtratrust Digisign Private Limited. The transaction was executed on an Arm's Length basis.
Details regarding the subsidiary and its operational history are provided below:
| Particulars | Details |
|---|---|
| Target Entity Name | Xtratrust Digisign Private Limited |
| Registered Office Address | Z-24, Zone-1, M.P. Nagar, Bhopal, Madhya Pradesh - 462011 |
| Authorised Capital (as on 31.03.2026) | ₹ 5,10,00,000/- |
| Paid up Capital (as on 31.03.2026) | ₹ 5,10,00,000/- |
| Industry | Digital Signature Certificates (DSC) for individuals and organizations. |
The turnover of Xtratrust Digisign Private Limited over the last three financial years is detailed as follows:
| Financial Year | Turnover (in Rs.) |
|---|---|
| 2023-24 | 11,14,98,885 |
| 2024-25 | 17,25,48,419 |
| 2025-26 | 25,39,03,273 |
The investment is expected to be completed upon the allotment of equity shares pursuant to the Right Issue, subject to applicable corporate and regulatory formalities.
XTRANET Stock Price Movement
Xtranet Technologies Limited shares surged on Tuesday, closing at ₹150.17 after powering up 5.00% from the previous close. The rally marked a significant milestone for the equity, as the stock achieved its 52-week high with 281,254 shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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