Integrated Hi-Tech Limited Closes Two Non-Operational Subsidiaries in Q2 FY26

1 min read     Updated on 23 Dec 2025, 08:00 PM
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Overview

Integrated Hi-Tech Limited has announced the closure of two subsidiary companies, Integrated Hitech Singapore Pte Ltd and Integrated Hitech (America) Corporation, following a Board decision on November 14, 2025. The closure, effective from the quarter ended September 30, 2025, was due to the subsidiaries being non-operational with negative net worth. Both entities had no revenue contribution, turnover impact, or net worth contribution to the parent company. The closure was disclosed under SEBI regulations on December 23, 2025, with detailed compliance information provided.

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Integrated Hi-Tech Limited has announced the closure of two subsidiary companies following a Board of Directors decision made on November 14, 2025. The company disclosed this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) regulations on December 23, 2025.

Subsidiaries Closure Details

The Board approved the closure of the following subsidiary companies:

Subsidiary Status
Integrated Hitech Singapore Pte Ltd Closed
Integrated Hitech (America) Corporation Closed
Closure Period Quarter ended September 30, 2025
Reason Non-operational with negative net worth

Financial Impact and Operational Status

Both subsidiaries had been non-operational for several previous years with no business activities during the quarter ending September 2025. The closure was necessitated due to their negative net worth position, making continued operations financially unviable.

Financial Parameter Details
Revenue Contribution NIL
Turnover Impact NIL
Net Worth Contribution NIL
Operational Status Non-operational for previous years

Regulatory Compliance

The company has provided detailed disclosures as prescribed under SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. Since the closure was due to negative net worth rather than a sale or disposal transaction, several standard disclosure requirements were marked as not applicable.

Key regulatory aspects include:

  • No sale agreement executed for the subsidiaries
  • No consideration received from disposal
  • No related party transactions involved
  • Closure completed during Q2 FY26

Corporate Structure Impact

The closure of these international subsidiaries represents a streamlining of Integrated Hi-Tech Limited's corporate structure. Both entities had ceased contributing to the parent company's operations and financial performance, making their closure a strategic decision to eliminate non-performing assets.

The company's disclosure indicates that these subsidiaries had remained dormant without any significant business activities, suggesting the closure will have minimal operational impact on the parent company's core business functions.

Historical Stock Returns for Integrated Hi-Tech

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