StockWatch
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Industrial Products
Promoter Reclassification5 May 2026, 05:21 pm

Iykot Hitech: Promoter Reclassification to Public Category

AI Summary

Iykot Hitech Toolroom Ltd. announced the reclassification of certain promoters to the public category following the consummation of a Share Purchase Agreement by Aspect Global Ventures Private Limited (Acquirer) on April 27, 2026. The Acquirer has also appointed new directors to the Board. The reclassification, effective immediately, involves Annjana Dugar, Likhitta Dugar, Padam Dugar, and Antariksh Dugar. This action complies with Regulation 31A(10) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Highlights

  • Aspect Global Ventures Private Limited consummated Share Purchase Agreement on April 27, 2026.
  • Annjana Dugar, Likhitta Dugar, Padam Dugar, and Antariksh Dugar reclassified from Promoter to Public category.
  • Acquirer appointed new directors on the Board of Target Company.
  • Reclassification complies with SEBI (LODR) Regulations, 2015.
  • Acquirer classified as the Promoter of Iykot Hitech Toolroom Limited.