Iykot Hitech Proposes MOA Alteration, Capital Hike

Iykot Hitech Toolroom Ltd's Board of Directors has approved several significant changes, including an alteration to the company's Memorandum of Association (MOA). Key proposals subject to shareholder approval include a substantial increase in authorized share capital from ₹15 crore to ₹40 crore and a shift of the registered office from Tamil Nadu to Maharashtra. The board also approved a change in Ms. Vaishali Sharad Lad's designation from Additional Director to Whole-Time Director and the appointment of Mr. Rakesh Oza as the new Chief Financial Officer (CFO). Additionally, the company will seek shareholder approval for changes to its main and ancillary objects clauses within the MOA. The board also approved the unaudited financial results for the quarter ended June 30, 2026, and related AGM documents.