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

Integrated Hitech Limited's Board has approved a significant impairment charge of ₹63.07 Cr on its investment in subsidiary Integrated Hitech (America) Corporation, citing technology obsolescence. The company also revealed a capital reduction plan to address losses of up to ₹10 Cr, delegating authority to the Audit Committee for further action. Additionally, Mr. Rabindra Kumar Samal has been appointed as the Secretarial Auditor for a five-year term, while Mr. Nitin Arvind Oza will serve as the Internal Auditor for the financial year 2025-26. The company reported a loss of ₹284.36 Cr for the period ended March 31, 2025. Ms. Shantwana Adhikari has resigned as CFO, with Miss. Iranee Tripathi appointed as her replacement.