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Exicom Tele-Systems LimitedBoard Meeting, 11-08-2025: Outcome of Board Meeting

11-08-2025 | 06:35 pm

Exicom Tele-Systems' Board has approved the financial results for the quarter ended June 30, 2025. The company reported consolidated revenue of Rs. 98.01 crore and a consolidated total comprehensive loss of Rs. 71.02 crore for the period.

Key strategic updates include the Board approving an extension of the offer period for its March 2025 rights issue of equity shares, valued at Rs. 79.15 crore, until March 31, 2026. Furthermore, in line with organizational adjustments, Exicom implemented a Voluntary Retirement Scheme (VRS), incurring Rs. 0.97 crore. The Board also adjusted its ESOP schemes for employees, including those in subsidiaries.

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