Xchanging Solutions’ delisting on radar

Xchanging Solutions will remain in focus on Wednesday, as its board will consider a proposal to delist its shares. Earlier, Computer Sciences Corporation had concluded the mandatory open offer following indirect acquisition of controlling stake in its parent Xchanging Plc. CSC had offered ₹37.63 apiece to shareholders of Xchanging Solutions to mop up 25 per cent stake. At March-end, public holding in Xchanging Solutions stood at 25 per cent.