Iykot Hitech Toolroom: Open Offer Announcement Filed

Saffron Capital Advisors Pvt. Ltd, acting as the Manager to the Open Offer, has submitted an Offer Opening Public Announcement to BSE for Iykot Hitech Toolroom Limited. The open offer by Aspect Global Ventures Private Limited aims to acquire up to 26,98,298 equity shares, representing 26% of the voting share capital, at ₹8.50 per share, aggregating to ₹2,29,35,533. This follows the forfeiture and cancellation of 99,01,931 partly paid-up equity shares by the Target Company, adjusting the voting share capital to 1,03,78,069 shares. The announcement was published in Financial Express, Jansatta, Makkal Kural, and Mumbai Lakshadeep on June 9, 2026.