Acquisitions24 Feb 2026, 06:04 pm
Aspect Global Ventures to Acquire 26% Stake in Iykot Hitech Toolroom for ₹ 2 Crore
AI Summary
Aspect Global Ventures Private Limited is set to acquire 26% stake in Iykot Hitech Toolroom Limited from public shareholders. The deal is worth ₹ 2 Crore and is in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The offer is not conditional upon any minimum level of acceptance and the Acquirers have no intention to delist the Equity Shares of the Target Company pursuant to this Open Offer.
Key Highlights
- Aspect Global Ventures to acquire 26% stake in Iykot Hitech Toolroom
- Deal worth ₹ 2 Crore
- Compliance with SEBI (SAST) Regulations, 2011
- No minimum level of acceptance condition
- No intention to delist Equity Shares