The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Likhitta Dugar
Awaiting price reaction for this filing.
Promoter Ms. Likhitta Dugar sold her entire holding of 5,40,758 equity shares (5.21% of total share capital, 2.66% diluted) in Iykot Hitech Toolroom Limited via an off-market transfer on 27 April 2026. The transaction value was approximately Rs. 5.19 crore. Post-disposal, her holding dropped to 0%, representing a complete exit from the company's promoter group. The mode is listed as "Off-Market Transfer pursuant to consummation," suggesting this may be part of a structured transaction such as an open offer, scheme of arrangement, or inter-se transfer among identified persons rather than an open-market sale.
A complete promoter exit of 5.21% can be a negative signal for retail investors as it indicates a key insider divesting her entire stake, potentially signalling lack of confidence or a change in control structure.