The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Padam Dugar
Awaiting price reaction for this filing.
Promoters Padam Dugar and Anjanna Dugar acquired additional shares of Iykot Hitech Toolroom Ltd through a Rights Issue on 08-08-2025. Padam Dugar bought 8,05,000 shares, raising his holding to 8,05,100 shares (3.97% of the company). Anjanna Dugar acquired 4,20,000 shares, with her total holding reaching 19,36,122 shares. The filing also includes Form C disclosures under SEBI (Prohibition of Insider Trading) Regulations, 2015 for Padam Dugar, Anjanna Dugar, Likhitta Dugar, and Antariksh Dugar. The equity share capital post-issue stands at 10,14,00,000 shares.
Promoters increasing their stake through subscribing to a Rights Issue signals their confidence in the company's future prospects. This is generally viewed positively by retail investors as it aligns promoter interests with shareholders.