Integrated Hi-Tech Limited Discloses Sale of Chennai Office Premises Under SEBI Regulation 30

1 min read     Updated on 13 May 2026, 12:11 AM
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Integrated Hi-Tech Limited disclosed the sale of its office flat at Cisons Complex, Montieth Road, Egmore, Chennai for ₹8,04,000 to Balkees Thahira under SEBI Regulation 30. The Board approved the sale on 17th April, 2026, and the sale deed was executed on 11th May, 2026. The buyer is not part of the promoter group, the transaction is not a related party transaction, and the sale is outside any Scheme of Arrangement.

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Integrated Hi-Tech Limited has made a disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, informing the stock exchange of the sale of its office premises at Cisons Complex, Montieth Road, Egmore, Chennai – 600008. The disclosure was filed on 12th May, 2026, and was signed by Company Secretary Shazia Fatima Mohammed Karimuddin Shaikh (Membership No: A28104).

Property Sale Details

The company sold the office flat identified as Old No. 150/113, New No. 2/122, Flat No. 12, 3rd Floor, "Cisons Complex", Montieth Road, Egmore, Chennai – 600008. The Board of Directors had approved the proposal to sell the said property at its meeting held on 17th April, 2026, by passing an enabling resolution. The sale deed was subsequently executed on 11th May, 2026.

The key details of the transaction, as disclosed pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, are summarised below:

Parameter: Details
Property Address: Office Flat No. 12, 3rd Floor, Cisons Complex, Montieth Road, Egmore, Chennai – 600008
Sale Deed Execution Date: 11th May, 2026
Completion Date: 11th May, 2026
Consideration Received: ₹8,04,000/-
Buyer Name: Balkees Thahira
Board Approval Date: 17th April, 2026

Regulatory and Compliance Disclosures

Integrated Hi-Tech has confirmed that the buyer, Balkees Thahira, does not belong to the promoter or promoter group of the company. The transaction does not fall within the purview of related party transactions.

The company further clarified that this sale of property is not part of a Scheme of Arrangement. Additionally, the sale does not attract the provisions of Regulation 37A of the LODR Regulations, as it does not constitute an undertaking or substantially the whole of the undertaking of the company under Section 180(1)(a) of the Companies Act, 2013. The disclosures pertaining to slump sale and contribution to turnover or net worth were noted as not applicable in the filing.

Historical Stock Returns for Integrated Hi-Tech

1 Day5 Days1 Month6 Months1 Year5 Years
-1.76%+0.52%-3.23%+30.00%-29.98%-45.76%

How does Integrated Hi-Tech plan to deploy the ₹8,04,000 proceeds from the property sale, and could this signal a broader asset monetization strategy?

Does the sale of the Chennai office premises indicate a shift in Integrated Hi-Tech's operational footprint or a move toward remote/hybrid work arrangements?

Are there additional non-core assets on Integrated Hi-Tech's balance sheet that the company may look to divest in the near future to improve liquidity?

Integrated Hitech Q2FY26 Results: Net Loss Rs 17.37 Lakh, Revenue Rs 0.74 Lakh

2 min read     Updated on 18 Apr 2026, 09:30 AM
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Integrated Hitech Limited reported a net loss of Rs 17.37 lakh for Q2FY26 ended September 30, 2025, with revenue from operations at Rs 0.74 lakh. Total expenses increased to Rs 18.10 lakh from Rs 5.19 lakh in the year-ago quarter. For the six months ended September 30, 2025, the net loss was Rs 26.19 lakh on revenue of Rs 1.41 lakh. The Board approved the unaudited consolidated financial results on April 17, 2026, while statutory auditors certified that the Consolidated Limited Review Report is not applicable as investments in subsidiaries were completely written off.

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Integrated hi-tech Limited announced its unaudited consolidated financial results for the quarter and six months ended September 30, 2025, following the Board meeting held on April 17, 2026. The company reported a net loss of Rs 17.37 lakh for Q2FY26, compared to a net loss of Rs 4.71 lakh in the corresponding quarter of the previous year.

Financial Performance Summary

For the quarter ended September 30, 2025, the company recorded revenue from operations of Rs 0.74 lakh, up from Rs 0.49 lakh in the same period last year. Total revenue stood at Rs 0.74 lakh for the quarter. Total expenses increased significantly to Rs 18.10 lakh from Rs 5.19 lakh in the year-ago quarter, primarily driven by employee benefit expenses of Rs 4.01 lakh and other expenses of Rs 13.94 lakh.

Financial Parameter Q2FY26 (Current) Q2FY25 (Corresponding)
Revenue from Operations Rs 0.74 lakh Rs 0.49 lakh
Total Revenue Rs 0.74 lakh Rs 0.49 lakh
Total Expenses Rs 18.10 lakh Rs 5.19 lakh
Net Profit/Loss Rs -17.37 lakh Rs -4.71 lakh
Basic EPS Rs -0.17 Rs -0.05

Six-Month Performance

For the six months ended September 30, 2025, the company reported a net loss of Rs 26.19 lakh on total revenue of Rs 1.41 lakh. In comparison, the six months ended September 30, 2024, showed a net loss of Rs 10.52 lakh on total revenue of Rs 1.97 lakh. The paid-up equity share capital remained constant at Rs 1000.46 lakh with a face value of Rs 10 per share.

Board Meeting and Regulatory Compliance

The Board meeting commenced at 6:00 P.M. and concluded at 8:00 P.M. on April 17, 2026, at the company's registered office. The Board approved the unaudited consolidated financial results along with the Limited Review Report. The company's statutory auditors, ABNJ & Co., issued a certificate stating that the requirement to obtain a Consolidated Limited Review Report is not applicable as investments in subsidiary entities were completely written off and there were no outstanding investments as of September 30, 2025.

Subsidiary Closure and Segment Information

The company informed that it had closed both subsidiaries—Integrated Hitech Singapore Pte Ltd and Integrated Hitech (America) Corporation—during the quarter ended September 30, 2025. These subsidiaries were non-operational with negative net worth. The company operates in a single segment: Software Development and Services. The unaudited financial results have been prepared in accordance with Indian Accounting Standards (Ind AS), which the company adopted from April 1, 2017.

Historical Stock Returns for Integrated Hi-Tech

1 Day5 Days1 Month6 Months1 Year5 Years
-1.76%+0.52%-3.23%+30.00%-29.98%-45.76%

What strategic turnaround plan does Integrated Hi-Tech Limited have to address its widening losses and achieve operational sustainability?

Will the company consider delisting from BSE given its minimal revenue generation and significant negative equity position?

How will the closure of international subsidiaries impact the company's future business expansion and market presence?

More News on Integrated Hi-Tech

1 Year Returns:-29.98%