Integrated Hitech Limited is undertaking a share capital reduction to address accumulated losses.

The company has incurred significant losses, totaling Rs. 10.43 Cr as of March 31, 2025, primarily due to outdated software technology and business challenges.

To clean up its balance sheet and present a more accurate financial position, the company plans to reduce its paid-up equity capital by approximately 99%, from Rs. 10.00 Cr to Rs. 0.10 Cr.

This move aims to facilitate future fundraising for business expansion.

The reduction involves no payout to shareholders and does not impact creditors or shareholding patterns.