NSEPress Release2d ago · 3 Sept 2026, 12:48 pm
Press Release
Xtglobal Infotech Limited · XTGLOBAL
✦ AI Summary▲ PositiveOrder Win
XTGlobal Infotech Limited has been selected as a qualified technology partner under a multi-year Cloud Engineering and Technical Services program for a U.S. State Government technology authority, with an estimated aggregate addressable opportunity of USD 50 million to USD 100 million.
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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
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Market Sentiment9/10
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Full Announcement
Sir/Madam, XTGlobal has been selected as a qualified technology partner under a multi-year Cloud Engineering and Technical Services program for a U.S. State Government technology authority. The program has an initial two-year term with three additional one-year renewal options, creating a potential five-year contracting framework. It covers Cloud Engineering, AI/ML, Generative AI, Data Engineering, DevSecOps, Cloud Security, FinOps and automation.XTGlobal will compete for individual engagements as requirements are released, with an estimated aggregate addressable opportunity of USD 50 million to USD 100 million across the qualified vendor pool.
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XTGLOBAL INFOTECH LIMITED
XTGLOBAL Regd Office: Plot No 31P & 32, 3" Floor,
Tower A, RamKy Selenium, Financial District,
Nanakramguda, Hyderabad - 500 032.
Tel No: 040 - 66353456
CIN: L72200TG1986PLC006644
Date: 03/09/2026
To To
The Listing Department The Listing Department
Bombay Stock Exchange Limited National Stock Exchange of India Limited
Dalal Street Exchange Plaza, Bandra Kurla Complex
Mumbai - 400001 Bandra E, Mumbai - 400051
Scrip Code -531225 Scrip Symbol: XTGLOBAL
Subject: Submission of Press Release titled “XTGLOBAL SELECTED FOR MULTI-YEAR U.S. STATE GOVERNMENT
CLOUD ENGINEERING, Al/ML AND GENERATIVE Al PROGRAM”
Dear Sir/Madam,
Please find enclosed a copy of the Press Release being issued by the Company titled:
“XTGlobal Selected for Multi-Year U.S. State Government Cloud Engineering, Al/ML and Generative Al
Program”
The Press Release is being issued as part of the Company's ongoing corporate communication initiatives and is
also being hosted on the Company's website at www.xtglobal.com.
You are requested to take the above on record.
Thanking you.
Yours faithfully,
For XTGlobal Infotech Limited
Digitally signed by
Pentela Pentela Srichar
R Date: 2026.09.03
Sridhar 12:12:40 40530
Sridhar Pentela
Company Secretary and Compliance Officer
ACS 55735
www.xtglobal.com Company.secretary@xtglobal.com
XTGLOBAL)
XTGLOBAL SELECTED FOR MULTI-YEAR U.S. STATE
GOVERNMENT CLOUD ENGINEERING, Al/ML AND
GENERATIVE Al PROGRAM
Plano, Texas & Hyderabad, India — 03! September 2026 — XTGlobal Infotech Limited (BSE: 531225, NSE: XTGLOBAL),
a publicly listed IT/ITES company specializing in enterprise-grade technology solutions, announces its selection as a
qualified technology partner under a multi-year Cloud Engineering and Technical Services program for a U.S. State
Government technology authority.
The agreement carries an initial two-year term with three additional one-year renewal options, creating a potential
five-year contracting framework. Based on the breadth of services contemplated under the program and its multi-year
structure, XTGlobal estimates the aggregate addressable opportunity across the qualified vendor pool could be in the
range of USD $50 million to $100 million over the potential five-year period.
Technology requirements under the program will be issued across multiple initiatives through the qualified vendor pool,
with XTGlobal eligible to compete for individual engagements as they are released.
The program encompasses a broad range of next-generation technology capabilities, with Cloud Engineering, Artificial
Intelligence and Machine Learning (AI/ML), and Generative Al at the forefront, alongside Data Engineering,
DevSecOps, Cloud Security, FinOps, automation and other advanced technical services.
A STRATEGIC MULTI-YEAR PUBLIC SECTOR OPPORTUNITY
The selection represents another significant milestone in XTGlobal’s continued expansion within the U.S. Public Sector
and strengthens the Company’s positioning in large-scale cloud transformation, artificial intelligence and emerging
technology programs.
Under the multi-year contracting framework, participating state government entities will issue individual technology
requirements as needs arise. As a qualified technology partner, XTGlobal will have the opportunity to compete for these
engagements throughout the contract period, creating a pathway to pursue projects spanning cloud modernization, Al
and Generative Al solutions, data platforms, application transformation, intelligent automation and other specialized
technology initiatives.
“This selection reflects the continued confidence in XTGlobal’s engineering, cloud and Al capabilities,” said Ramarao
Atchuta Mullapudi, Managing Director of XTGlobal. “Expanding our Public Sector portfolio in the United States while
strengthening our capabilities across Cloud Engineering, Al/ML and Generative Al remain key strategic priorities for
XTGlobal. The multi-year nature and breadth of this program align directly with our long-term growth objectives and
provide us with an important platform to pursue emerging technology opportunities within the U.S. Public Sector.”
Vasanth Vee (VP - Strategy & Business Innovations), who will also serve as Account Director for the engagement,
added, “What makes this opportunity particularly significant is the breadth of technologies covered and the ability to
compete for multiple engagements as requirements evolve over the coming years. Cloud Engineering is increasingly
becoming the foundation for Al/ML and Generative Al adoption, and our focus will be on bringing these capabilities
together with data, security and automation to address real government modernization needs. We see this as an
opportunity not only to compete for individual projects, but to build a long-term technology partnership within the
Public Sector.”
THE PROGRAM CREATES A POTENTIAL FIVE-YEAR CONTRACTING
FRAMEWORK, WITH XTGLOBAL ESTIMATING AN AGGREGATE ADDRESSABLE
OPPORTUNITY OF APPROXIMATELY USD $50 MILLION TO $100 MILLION
ACROSS THE QUALIFIED VENDOR POOL.
ADVANCING XTGLOBAL’S CLOUD, Al AND PUBLIC SECTOR GROWTH STRATEGY
The selection further advances XTGlobal’s strategy of expanding its presence in state and local government technology
modernization while building deeper capabilities at the intersection of Cloud, Data and Artificial Intelligence.
As government organizations accelerate cloud adoption, XTGlobal sees Al/ML and Generative Al becoming increasingly
integrated into the next phase of modernization, enabling organizations to move beyond infrastructure transformation
toward intelligent, data-driven and increasingly automated operating environments.
The multi-year program provides XTGlobal with an opportunity to leverage its cloud engineering, Al, data, application
modernization and digital transformation experience across multiple potential government initiatives as requirements
are released. It also adds to XTGlobal’s growing portfolio of U.S. Public Sector engagements and provides another
strategic contracting vehicle through which the Company can expand its government technology business.
ABOUT XTGLOBAL
XTGlobal is a publicly traded technology services company (BSE: 531225, NSE: XTGLOBAL) with over two decades of
experience in Enterprise Applications, Cloud, Data & Analytics, Artificial Intelligence, Automation, Application
Development and Modernization, Quality Engineering, and Managed Services. Headquartered in Hyderabad, India, with
a strong U.S. presence, XTGlobal serves clients across Public Sector, Transportation, Healthcare, Finance, Retail, and
Manufacturing.
The Company’s mission is to deliver measurable business outcomes through innovation, engineering excellence, and
scalable global capabilities.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements including, but not limited to, statements regarding XTGlobal’s
strategy, expansion plans, estimated addressable opportunity, market opportunity, and expected outcomes. These
statements are subject to risks and uncertainties that could cause actual results to differ materially. The Company
undertakes no obligation to revise or update any forward-looking statements.