BSEIykot Hitech Toolroom LtdHighNeutral
Announced Thu, 30 Apr · 18:21 IST

Disclosure under 7(2) of SEBI (PIT) Regulations, 2015 as received from Padam Dugar, Anjanna Dugar, Likhitta Dugar, Antariksh Dugar.

Promoter Stake Sell 1pctOwnership Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

All four promoters of Iykot Hitech Toolroom Ltd have sold their entire stake to Aspect Global Ventures Private Limited under a Share Purchase Agreement dated February 24, 2026. Padam Dugar sold 8,05,100 shares (7.76%) on April 25, 2026, while Anjanna Dugar, Likhitta Dugar, and Antariksh Dugar each sold their full holdings of 19,36,122 shares (18.66%), 5,40,758 shares (5.21%), and 3,07,100 shares (2.96%) respectively on April 27, 2026. All transactions were conducted off-market through BSE Limited, totalling approximately 34.59% of the company's equity. Post-transaction, the promoter holding stands at zero, indicating a complete exit by the existing promoter group.

Likely market impact

This represents a complete change in the company's controlling shareholders. The new acquirer Aspect Global Ventures Private Limited now holds a significant stake, potentially changing the company's control structure and strategic direction. Existing shareholders should monitor for any open offer obligations or further corporate actions from the new management.