BSEIykot Hitech Toolroom LtdMediumNeutral
Announced Wed, 8 Jul · 18:13 IST
Open Offer closes with zero acceptances; Acquirer holds 34.58 percent stake
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Aspect Global Ventures Pvt Ltd open offer for Iykot Hitech Toolroom Ltd closed on June 23, 2026 at Rs 8.50 per share for up to 26,98,298 shares (26 percent of voting capital), worth about Rs 2.29 crore. No public shares were tendered. The acquirer had already completed the underlying transaction on April 24 to 27, 2026, buying 34.58 percent voting stake directly and gaining joint control of the company.
Likely market impact
Zero public response to the offer. Acquirer now controls 34.58 percent, changing the promoter group and control of the company. No cash leaves the offer route.