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Board approved subscription to 204,946 XBP Global Holdings (NASDAQ XBP) shares at $2.83 via private placement for $579,997 (Rs 5.57 Cr), holding 1.45% via HCI LLC, completed Sep 17, 2026. Related-party deal with promoter stake and board seat at target; second cash deployment to XBP web after recent group loan, extending captive-supplier funding pattern. Minor 1.45% non-controlling stake at market price alongside others, no ops impact claimed; funding source and payoff unclear while quarterly results stay overdue, raising governance scrutiny.