Integrated Hitech Ltd — Board Meeting, 28-04-2025: Board Meeting

Integrated Hitech Ltd reviewed its financials during a recent board meeting. The company has recorded an impairment loss of ₹63.07 Cr on its investment in Integrated Hitech (America) Corporation, following a thorough evaluation. Additionally, a noticeable decline in revenue was observed, with total income at ₹3.76 Cr for the financial year and a net loss of ₹302.80 Cr. The board has approved a capital reduction of up to ₹10 Cr to address longstanding business losses. New appointments include Miss. Iranee Tripathi as CFO and Mr. Rabindra Kumar Samal as Secretarial Auditor, with the previously appointed CFO resigning.