Submission of Statement of Deviation and Variation Under Regulation 32 of SEBI(LODR) Regulations, 2015 for the Quarter ended 31st December 2025.
Awaiting price reaction for this filing.
Iykot Hitech Toolroom Ltd has filed a quarterly compliance statement confirming that there has been no deviation or variation in the use of proceeds from its Rights Issue. The Rights Issue, which raised Rs. 4.64 crore on May 10, 2024, has been utilized in line with the original purpose. The statement, covering the quarter ended December 31, 2025, has been reviewed by the Audit Committee, which had no comments. The statutory auditors also raised no comments, and no monitoring agency was applicable for the issue.
This is a routine compliance filing indicating proper utilization of raised funds, which is mildly positive for corporate governance and reassures shareholders that money was deployed as originally disclosed. No material impact on stock price is expected.