USG Tech Solutions Ltd — Updates, 14-08-2025: Company Update
14-08-2025 | 06:50 pm
14-08-2025 | 06:50 pm
USG Tech Solutions' Board has made significant announcements. The company approved the financial results for the quarter ended June 30, 2025, reporting a standalone loss of approximately 0.09 Cr and a consolidated loss of 0.14 Cr. Strategically, the board plans to increase authorized share capital to Rs. 80 Cr and raise up to Rs. 50 Cr through a rights issue or other modes. Other key decisions include the sale of wholly-owned subsidiaries, development of a green hydrogen plant, and launching a new application. The company also appointed Mr. Aadarsh Aggarwal as Chief Financial Officer. The 26th Annual General Meeting is scheduled for September 24.
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