Submission of Intimation of Dispatch of Call notice
Awaiting price reaction for this filing.
Iykot Hitech Toolroom has completed dispatch of the First and Final Call Money Notice on April 8, 2025, to shareholders holding 1,41,96,000 partly paid-up equity shares from its 2024 rights issue. Shareholders must pay ₹5.25 per share (₹3.75 towards face value and ₹1.50 towards securities premium) between April 21 and May 5, 2025. The original rights issue was at ₹7 per share (₹5 face value + ₹2 premium) in a ratio of 7 rights shares for every 3 held, with ₹1.75 paid at application. Trading of the partly paid-up shares (ISIN: IN9079L01011) has been suspended since March 17, 2025. Failure to pay by the May 5 deadline will result in forfeiture of the partly paid-up shares along with the amount already paid.
Shareholders holding partly paid-up rights shares must arrange to pay ₹5.25 per share by May 5, 2025 or risk losing both their shares and the amount already invested. After full payment, these shares will convert into fully paid-up equity shares and likely resume trading on the exchange.