BSEIykot Hitech Toolroom LtdHighNegative
Announced Wed, 29 Apr · 12:03 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Padam Dugar

Promoter Stake Sell 1pctOwnership Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoter Mr. Padam Dugar has sold his entire holding of 8,05,100 equity shares (7.76% of diluted share capital) to an acquirer under Regulation 29(2) of the SEBI SAST Regulations, 2011. The transfer was executed as an off-market transfer pursuant to a Share Purchase Agreement dated February 24, 2026, and was consummated on April 25, 2026. The total share capital of the company remains unchanged at Rs.5,18,90,345 comprising 1,03,78,069 fully paid-up equity shares of Rs.5 each. Post-disposal, the promoter holds zero shares in the company, representing a complete exit from the promoter group.

Likely market impact

Mr. Dugar has fully exited as a promoter, reducing promoter group holding. Investors should monitor who the acquirer is and any change in control implications for the company.