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  3. Iykot Hitech Toolroom Promoters Complete Divestment of 35.59% Stake to Aspect Global Ventures
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  • 30 Apr 2026
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 Iykot Hitech Toolroom Promoters Complete Divestment of 35.59% Stake to Aspect Global Ventures

Four promoters of Iykot Hitech Toolroom Limited completed the sale of their entire shareholdings totaling 35,89,080 equity shares (35.59%) to Aspect Global Ventures Private Limited for ₹2,87,12,640. The off-market transactions were executed on BSE Limited between April 25-27, 2026, pursuant to a Share Purchase Agreement dated February 24, 2026, with all promoters reducing their individual holdings to zero.

Iykot Hitech Toolroom Promoters Complete Divestment of 35.59% Stake to Aspect Global Ventures

Iykot Hitech Toolroom Limited has disclosed a significant ownership change following the completion of a Share Purchase Agreement that resulted in four promoters divesting their entire stakes to Aspect Global Ventures Private Limited. The transaction, executed through off-market sales on BSE Limited, represents a substantial shift in the company's shareholding pattern.

Transaction Overview

The divestment was conducted pursuant to a Share Purchase Agreement dated February 24, 2026, between Aspect Global Ventures Private Limited as the acquirer and four sellers: Ms. Anjanna Dugar, Ms. Likhitta Dugar, Mr. Padam Dugar, and Mr. Antariksh Dugar. All transactions were completed as off-market transfers on BSE Limited between April 25-27, 2026.

Shareholding Details

The following table summarizes the complete divestment by each promoter:

Promoter Name: Shares Sold Previous Holding (%) Transaction Value (₹) Transaction Date Padam Dugar: 8,05,100 7.76% 64,40,800 April 25, 2026 Anjanna Dugar: 19,36,122 18.66% 1,54,88,976 April 27, 2026 Likhitta Dugar: 5,40,758 5.21% 43,26,064 April 27, 2026 Antariksh Dugar: 3,07,100 2.96% 24,56,800 April 27, 2026 Total: 35,89,080 35.59% 2,87,12,640 -

Regulatory Compliance

The company has filed the necessary disclosures under multiple SEBI regulations. The transaction constitutes a disposal of securities by the sellers and an acquisition by Aspect Global Ventures under the SEBI (Prohibition of Insider Trading) Regulations, 2015. Additionally, the disclosure complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Post-Transaction Status

Following the completion of these transactions, all four promoters have reduced their individual shareholdings to zero, indicating a complete exit from their positions in Iykot Hitech Toolroom Limited. The shares have been transferred to Aspect Global Ventures Private Limited, marking a significant change in the company's ownership structure.

The disclosure was signed by Suresh Rajasekar, Director (DIN 07706731), on April 30, 2026, and submitted to the Bombay Stock Exchange Limited for regulatory compliance and record-keeping purposes.

Iykot Hitech Toolroom Limited has filed its mandatory regulatory compliance certificate with the Bombay Stock Exchange, demonstrating adherence to SEBI depositories regulations for the quarter ended March 31, 2026.

Regulatory Filing Details

The company submitted the confirmation certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 on April 06, 2026. The certificate was issued by Cameo Corporate Services Limited, which serves as the company's registrar and share transfer agent.

Filing Parameter: Details Filing Date: April 06, 2026 Quarter Ended: March 31, 2026 Regulation: SEBI Regulation 74(5) Issuing Agent: Cameo Corporate Services Limited Exchange: Bombay Stock Exchange

Compliance Certification

Cameo Corporate Services Limited confirmed that all securities received from depository participants for dematerialization during the quarter were properly processed. The registrar verified that securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are traded.

The certification also confirms adherence to prescribed timelines and procedures:

Securities received for dematerialization were confirmed to depositories

Security certificates were mutilated and cancelled after due verification

Depository names were substituted in the Register of Members within the mandated 15-day period

Corporate Authorization

The filing was authorized by Likhitta Dugar, Whole Time Director of IYKOT HITECH TOOLROOM LIMITED. The document bears digital signature dated April 06, 2026, ensuring proper corporate authorization for the regulatory submission.

This quarterly compliance filing represents standard regulatory practice, ensuring transparency in the company's share transfer and dematerialization processes as mandated by SEBI regulations.

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