Integrated Hitech Ltd — Others, 07-08-2025: Others

Integrated Hitech Limited has announced its 32nd Annual General Meeting to approve a significant capital reduction. Facing accumulated losses of ₹10.43 Cr, the company plans to reduce its paid-up capital by 99% (₹9.90 Cr). This move consolidates shares at a 1:100 ratio, aiming to restructure the balance sheet and pave the way for future fundraising. For the financial year ended March 31, 2025, the company reported a loss of ₹3.03 Cr on revenue of ₹0.04 Cr, though an improvement from the previous year. New statutory and secretarial auditors are proposed, alongside the appointment of an independent director and other board re-appointments.