Latest news about Innovassynth Technologies
Innovassynth Technologies
67.48
+1.49(+2.26%)
Company Performance:
View Company Insights1D+2.26%
1M+0.13%
6M-8.38%
1Y-10.43%
5Y+810.66%
More news about Innovassynth Technologies
10Feb 26
Innovassynth Technologies Reports Q3FY26 Net Loss of Rs. 779.72 Lakh Despite Revenue Growth
Innovassynth Technologies (India) Limited reported a net loss of Rs. 779.72 lakh for Q3FY26 compared to a restated profit of Rs. 919.13 lakh in Q3FY25. Revenue from operations was Rs. 2,197.24 lakh in the current quarter. For nine months FY26, the company recorded a significant loss of Rs. 4,073.93 lakh against a profit of Rs. 851.62 lakh in the corresponding period. The company completed merger with its associate during the quarter, issuing additional equity shares worth Rs. 13,949.97 lakh to erstwhile shareholders.
31Dec 25
Innovassynth Completes Name Change to Technologies (India) Limited Post-Merger
Innovassynth Investments Limited has completed its corporate transformation by officially changing its name to Innovassynth Technologies (India) Limited on December 31, 2025, with Ministry of Corporate Affairs approval. This name change concludes the comprehensive post-merger restructuring following the NCLT-sanctioned merger scheme, which included the allotment of 4.75 crore equity shares, substantial promoter group changes with the Raheja group acquiring 62.04% shareholding, and key leadership appointments including Mr. Prosenjit Gupta as Chairperson and Dr. Hardik Joshipura as MD & CEO.
14Nov 25
Innovassynth Investments Reports Consolidated Loss, Approves Merger Scheme
Innovassynth Investments Limited (IIL) reported a consolidated loss of Rs 1,172.44 lakhs for the half-year ended September 30, 2025, up from Rs 1,158.37 lakhs in the previous year. The loss includes Rs 1,125.22 lakhs from an associate company. IIL's Board approved a draft merger scheme with Innovassynth Technologies (India) Limited (ITIL). The unaudited financial results were reviewed by the Audit Committee and approved by the Board, with statutory auditors P G Bhagwat LLP conducting a limited review.
14Aug 25
Innovassynth Investments Reports Significant Loss, Appoints New Independent Director
Innovassynth Investments Limited (IIL) reported a consolidated loss of Rs 699.52 crore for Q1 FY24, primarily due to a Rs 677.84 crore loss from its associate company, Innovassynth Technologies (India) Limited. The company had no revenue from operations and total expenses of Rs 21.78 lakhs. IIL appointed Mr. Prosenjit Gupta as an Additional Non-Executive Independent Director for a five-year term. The company's merger with its associate company is pending NCLT approval.
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