Integrated Hitech Ltd — Updates, 29-04-2025: Company Update

Integrated Hitech Limited's Board has approved significant measures, including an investment impairment of ₹63.07 crore in its subsidiary due to losses, which will be charged as an exceptional item. The company is also pursuing a capital reduction of up to ₹10 crore to address ongoing business losses, alongside appointing new secretarial and internal auditors. Audit results report substantial financial losses, including a net loss of ₹302.80 crore for the fiscal year, with a basic earnings per share of ₹-3.03. The statutory auditors provided an unmodified opinion on the financial results.