Equippp Social Impact Technologies Limited — Board Meeting, 10-02-2025: Outcome of Board Meeting

The Board of EQUIPPP Social Impact Technologies Ltd has held a meeting to approve the un-audited financial results for the quarter ending December 31, 2024, and authorize a strategic investment of INR 1.25 crore to acquire a 51% stake in Technogen India Pvt Ltd. This acquisition will be funded through revenue surplus rather than a loan, reinforcing the company's IT business in the GCC sector. Additionally, the Board has appointed Balarama Krishna Desina as the Secretarial Auditor for the financial year 2024-25 and approved the incorporation of a new entity, Technogen Equippp (SBU) Pvt Ltd, where EQUIPPP will hold a 51% share.