Management Change30 Jun 2026, 08:40 pm
Iykot Hitech Toolroom Director Resigns
AI Summary
Iykot Hitech Toolroom Ltd has announced the resignation of Mr. Velli Paramasivam as an Independent Director, effective June 30, 2026. The company stated that Mr. Paramasivam has also ceased to be a member of any Board Committees. The Board of Directors has expressed appreciation for his contributions. The resignation is attributed to personal reasons, and the company has received confirmation that there are no other material reasons for his departure.
Key Highlights
- Independent Director Mr. Velli Paramasivam resigns from Iykot Hitech Toolroom.
- Resignation is effective from June 30, 2026.
- Director also ceases membership in Board Committees.
- Reason cited is personal; no other material reasons confirmed.
Price Impact
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