The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Antariksh Dugar
Awaiting price reaction for this filing.
Promoter Mr. Antariksh Dugar sold his entire holding of 307,100 shares (2.96% of total share capital, 1.51% diluted) in Iykot Hitech Toolroom Ltd. The transaction was conducted off-market via a Share Purchase Agreement dated February 24, 2026, and was completed on April 27, 2026. Notably, these shares were previously classified under 'shares in the nature of encumbrance' (pledged shares), indicating they were sold to release pledges. The total share capital of the company is Rs. 5,18,90,345 comprising 1,03,78,069 shares of Rs. 5 each. Post-sale, Antariksh Dugar appears to have fully exited his promoter position in the company.
Complete exit of a promoter holding via pledged share sale suggests potential liquidity needs or debt resolution. This reduces promoter holding in the company and may signal reduced insider confidence or completion of share purchase agreement obligations.