Rox Hi Tech Limited — Important, 12-03-2025: General Updates

ROX Hi-Tech has incorporated a subsidiary in Mauritius, named ROX Hitech - Mauritius, with an authorized and paid-up share capital of USD 100. As operations have not yet commenced, there is currently no turnover. This initiative aims to harness growth opportunities in the international market and align with the company’s core business in enterprise software development and IT consulting. ROX Hi-Tech controls 51% of the subsidiary, with the balance held by individuals, indicating a strategic move to strengthen its international presence without requiring specific regulatory approval. This expansion could present positive growth opportunities for ROX Hi-Tech as it seeks to capitalize on new markets. Investors should monitor this development closely for its potential to enhance revenue streams and increase shareholder value.