ALPHA TRIBE

Adroit Infotech LimitedBoard Meeting, 22-07-2025: Outcome of Board Meeting

22-07-2025 | 07:38 pm

Adroit Infotech has announced a board meeting on July 22, where the financial results for the quarter were approved. The company reported a consolidated total income of ₹10.47 Cr and a profit of ₹0.84 Cr. Key strategic decisions included approving the closure of its 100% wholly-owned US subsidiary, Adroit Infotech US Inc. The board also formed a 'Rights Issue Committee,' hinting at potential future fundraising. Additionally, Mr. Srinivas Rangnath Parankusam and Mr. Jammula Venkata Raja Sekhar Reddy were appointed as Additional Directors, while two non-executive directors resigned.

No comments yet. Be the first to comment!

All announcements from Adroit Infotech Limited