BirlaNu Limited — Board Meeting, 06-02-2025: Outcome of Board Meeting

The Board of Directors of HIL Limited has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. Key highlights include a revenue of ₹496.48 crore and a net loss of ₹11.41 crore. Additionally, the Board sanctioned a draft Scheme of Amalgamation involving Crestia Polytech Private Limited and its subsidiaries, subject to necessary regulatory approvals. This merger aims to enhance operational efficiencies and maximize resource utilization, ultimately benefiting shareholders and customers through improved service delivery and a broader product portfolio.