Inventurus Knowledge Solutions Limited Confirms No Impact of New H-1B Visa Fee Changes

Inventurus Knowledge Solutions Limited (IKS), a leading care enablement platform, has issued a statement to clarify its position regarding the recently announced changes to the H-1B visa fee structure.

IKS confirms that the introduction of the $100,000 fee for new H-1B visa applications has no impact on its business operations or financial projections, as the company does not depend on H-1B visa holders for its workforce.

The strategic business model is centered on delivering high-quality, scalable solutions through a robust delivery framework that combines proprietary technology, a highly skilled workforce in India, and a strong commitment to local hiring in the United States. H-1B visas are not integral to the execution of our core business operations or client service delivery. Consequently, the recent changes have no impact on our ability to serve clients, ensure operational continuity, or pursue our long-term growth objectives.

IKS remains committed to its strategy of driving value for clients through deep domain expertise, technology-led solutions, and a robust global delivery framework. We will continue to monitor developments in the global regulatory landscape and provide updates to our stakeholders as necessary.

Shares of Inventurus Knowledge Solutions Limited was last trading in BSE at Rs. 1554.25 as compared to the previous close of Rs. 1540.00. The total number of shares traded during the day was 10587 in over 1393 trades.

The stock hit an intraday high of Rs. 1586.00 and intraday low of 1517.05. The net turnover during the day was Rs. 16407017.00.

Source : Equity Bulls

Keywords

InventurusKnowledgeSolutions INE115Q01022 ITEnabledServices IKS NewH1BVisaFeeChanges NoImpact