The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anjanna Dugar
Awaiting price reaction for this filing.
Two promoters of Iykot Hitech Toolroom Ltd subscribed to the company's Rights Issue on August 8, 2025. Padam Dugar acquired 8,05,000 shares, raising his holding from 100 shares to 8,05,100 shares (3.97% of paid-up capital). Anjanna Dugar acquired 4,20,000 shares, increasing her holding from 15,16,122 shares to 19,36,122 shares (reported as 10.49%). Both acquisitions were made through the Rights Issue route. Form C disclosures under Insider Trading Regulations were also filed for family members Likhitta Dugar and Antariksh Dugar. The company's total equity share capital stands at 2,02,80,000 shares after the issue.
Promoters participating in the Rights Issue with their own money is a confidence-boosting signal for retail investors, indicating promoter belief in the company's growth prospects. It also ensures successful completion of the capital raise, though the dilution increases the total share base.