Mr. Rajeev Gobindram Hassanand Has given the resignation from the post of Chairmen.

At its 28 March 2026 board meeting, Hittco Tools allotted 4,45,000 equity shares at Rs. 13.92 each (including Rs. 3.92 premium), raising Rs. 61.94 lakh. The allottees are promoter Mr. Yash Vardhan Bhandari (2,95,000 shares) and non-promoter Mr. Shreyans Bhandari (1,50,000 shares), taking Yash Vardhan's stake from 1.93% to 6.26% and Shreyans' from 0.002% to 2.27%. Paid-up equity capital rose from 61,59,848 to 66,04,847 shares. Independent Director Mr. Rajeev Shantilal Desai and Chairman Mr. Rajeev Gobindram Hassanand resigned citing personal and professional commitments. Mr. Surendra Bhandari, the existing Managing Director and father/grandfather of an existing director, was appointed Chairman in his place.