XCHANGING SOLUTIONS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/07/2023 ,inter alia, to consider and approve In terms of Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that a Meeting of the Board of Directors of Company will be held on Monday, July 10, 2023, inter-alia, to consider and recommend to the Shareholders for approval and payment of interim dividend, if any, for the financial year 2023-24 in the upcoming Annual General Meeting. Further, in the continuation to Company's letter vide no. XSL/SE/2023-24/13 dated June 21, 2023 regarding closure of Trading Window, the 'Trading Window' for dealing in the Company''s Securities was closed from June 21, 2023 and shall remain closed till 48 (forty-eight) hours after the announcement of the Financial Results of the Company for the quarter ending June 30, 2023 or Record date of declaration of dividend, whichever is later. This is for your information and records.

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Xchanging Solutions Ltd.

22 Jun 2023

85.81

-1.17%

Company Update

XCHANGING SOLUTIONS LTD. - 532616 - Ref: Letter No. XSL/SE/2023-24/14 Dated June 21, 2023 Disclosure Under …

BSE India

In relation to submission made on June 21, 2023 vide letter no. XSL/SE/2023-24/14 regarding partial repayment of loan made by Xchanging Solutions USA INC ('XSUI') amounting to USD 22,559,096 on June 20, 2023, we hereby provide supplementary information, taking into account that the partial loan repayment amount has been converted and credited to the Company's INR account amounting to INR 1,831,451,185 on June 21, 2023. The details of the loan repayment are provided in the attached document. This is for your information and records.

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Xchanging Solutions Ltd.

21 Jun 2023

85.81

-1.17%

Company Update

XCHANGING SOLUTIONS LTD. - 532616 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure …

BSE India

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Company had earlier given an unsecured loan of USD 37,929,097 (INR 1,728,289,691) during the Financial Year 2002 to 2008 to Xchanging Solutions USA Inc, wholly owned subsidiary ('XSUI') which has been considered as provisions INR 1,728,289,691 in the books of the Company. Further, XSUI has informed the Company that they have initiated the partial repayment of USD 22,559,096 of the above said unsecured loan. Hence, the provision made for the unsecured loan shall be reversed to the extent of the amount of repayment. The aforesaid amount would be received in INR currency and the same will be communicated once the amount is credited into the Company's account. The details of the loan repayment are attached herewith. This is for your information and records.

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Is Xchanging Solutions Ltd. worth buying?

535 Votes:

Buy 74.02%

Sell 11.96%

Hold 14.02%