Integrated Hitech Ltd — Updates, 21-06-2025: Company Update
21-06-2025 | 05:38 pm
21-06-2025 | 05:38 pm
Integrated Hitech Limited has announced a board meeting outcome approving a proposal to reduce its paid-up share capital by 99% due to accumulated business losses exceeding capital, subject to shareholders' approval at the upcoming Annual General Meeting (AGM). This move will write off past losses against share capital, leaving the post-reduction capital at Rs. 10 lakh comprising 1 lakh fully paid equity shares. The Board has authorized key executives to complete all necessary formalities with regulatory authorities. The Board also approved the AGM notice, e-voting facility for shareholders, and appointed a scrutinizer for the voting process.
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