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BSEIykot Hitech Toolroom LtdHighNeutral
Announced Thu, 30 Apr, 2026 · 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 PDFExplain this filing
Price reaction

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.