ENCLOSED HEREWITH BOARD MEETING OUTCOME DATED 17/04/2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The board approved unaudited consolidated financial results for the quarter and six months ended September 30, 2025. Revenue was negligible at Rs 0.74 lakh for Q2 and Rs 1.97 lakh for H1 FY26, down from Rs 3.76 lakh in H1 FY25, reflecting a steep business decline. The company reported a loss of Rs 17.37 lakh in Q2 and Rs 26.19 lakh in H1, with negative reserves of Rs 1,060.55 lakh and negative total equity of Rs 60.09 lakh. Both subsidiaries (Integrated Hitech Singapore and Integrated Hitech America) have been closed as they were non-operational with negative net worth, and their investments were fully written off earlier. The auditor confirmed the consolidated limited review report is not applicable since standalone and consolidated figures are identical.
This is a deeply negative disclosure for shareholders — the company is effectively a shell with near-zero revenue, mounting losses, negative net worth, and no operating subsidiaries. The waiver request to BSE over filing delays points to compliance stress, and the stock remains a high-risk, illiquid penny stock with no clear path to recovery.