BSEIykot Hitech Toolroom LtdHighNegative
Announced Wed, 29 Apr, 2026 · 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 PDFExplain this filing
Price reaction

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.