M&AJul 31, 2026

Mittal Growth Partners takes 1.79% Xtranet stake for Rs 12.69 crore

What's the deal?

Mittal Growth Partners LLP has acquired a 1.79% stake in Xtranet Technologies through an open market transaction worth around Rs 12.69 crore. It bought 9.40 lakh shares at an average price of Rs 135.04 apiece.

What does Xtranet do?

Xtranet Technologies provides IT-enabled services (ITeS), including software development and data management. It also issues digital signatures and offers BPO and KPO services.

The signal:

The open market purchase gives Mittal Growth Partners a small but disclosed position in a niche ITeS player, signalling investor interest in India's data and digital services segment.

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