Iykot Hitech Toolroom Ltd

AGM details

• AGM on 04 September 2026 at 11:30 IST via VC/OAVM.
• Record date for attendance and voting: 28 August 2026.
• Remote e-voting window: 01 September to 03 September 2026.

Key resolutions

• Item 1 Ordinary: Adopt audited financial statements and reports.
• Item 2 Ordinary: Regularise Aksha Mohit Kamboj as Non-Executive Non-Independent Director.
• Item 3 Ordinary: Regularise Sukumar Anand Shetty as Non-Executive Non-Independent Director.
• Item 4 Ordinary: Regularise Vaishali Sharad Lad as Whole-Time Director.
• Item 5 Ordinary: Regularise Vaibhav Agarwal as Non-Executive Independent Director.
• Item 6 Ordinary: Regularise Rajesh Chunilal Bhojani as Non-Executive Independent Director.
• Item 7 Ordinary: Regularise Arjun Bikas Dutta as Non-Executive Independent Director.
• Item 8 Special: Shift registered office to Maharashtra and amend MOA.
• Item 9 Special: Alter Object Clause to enable bullion and related businesses.
• Item 10 Special: Approve sale of fixed assets.
• Item 11 Ordinary: Increase authorised share capital and amend capital clause.

Director changes

• Vaishali Sharad Lad appointed Whole-Time Director for five years with NIL remuneration.
• Aksha Mohit Kamboj and Sukumar Anand Shetty regularised as Non-Executive Non-Independent Directors.
• Vaibhav Agarwal, Rajesh Bhojani, Arjun Dutta regularised as Independent Directors.

AGM and regulatory updates

• AGM 35th scheduled for 04 September 2026 at 11:30 IST via VC/OAVM.
• Annual Report 2025-26 details available at exact path: https://iykot.com/investor-relations/annual-report/.
• Cut-off date for email registration: 31 July 2026.
• Reminder to update KYC per SEBI circular and to dematerialise physical securities; ISR-1/2/3, SH-13/14 forms available.
• PAN, address with PIN, mobile, bank details, specimen signature, nomination required for physical holders.
• Folios missing PAN/nomination will receive payments only electronically from Apr 1, 2024.
• Email update is optional but recommended to continue receiving important information; supports Green Initiative.
• WISDOM investor service portal link for queries: https://wisdom.cameoindia.com/.
• Sign-off: Vaishali Sharad Lad, Additional Director.

AGM and book closure details

• AGM date: 04 September 2026 at 11:30 IST via VC/OAVM.
• Book closure: 29 August 2026 to 04 September 2026 (inclusive).
• E-voting period: 01 September 2026, 09:00 IST to 03 September 2026, 17:00 IST.
• Cut-off date for e-voting: 28 August 2026; eligible holders on that date.
• Purpose: book closure for AGM with e-voting facility for AGM resolutions.

AGM & Voting

• 35th AGM scheduled for 04 September 2026 via VC/OAVM.
• EVoting window: 01 Sep 2026, 9:00 IST to 03 Sep 2026, 17:00 IST.
• Cut-off date for e-voting: 28 August 2026.
• Register of Members closed 29 Aug to 04 Sep 2026.

Financial Highlights FY2025-26

• Revenue from operations: Rs 156.97 Lakhs; down YoY from Rs 501.26 L.
• Total income: Rs 210.43 Lakhs.
• Total expenses: Rs 315.26 Lakhs.
• Net loss after tax: Rs 103.42 Lakhs.

Strategy & Operations

• Shift to bullion and retail strategy.
• Launched ZADASTAR brand for Kitchen/Home Appliances.
• Contract manufacturing in Kitchen/Home Appliances remains growth area.
• FY25-26 marks ongoing strategic pivot toward new business.

Capital & Corporate Actions

• Authorized share capital increased to Rs 40 crore.
• Share capital corrections: 40,99,746 converted; 1,94,323 converted; 99,01,931 forfeited.
• ELCOT promoter reclassification from Promoter to Public approved.
• SPA with Aspect Global Ventures; 35,89,080 shares transferred; Open Offer for 26%.
• Registered Office moved to Maharashtra; MOA amended.

Governance & Board Changes

• Resignations: Likhitta Dugar, Annjana Dugar, Suresh Rajasekar, Syed Munnawar Hussain, Velli Paramasivam.
• Appointed Aksha Kamboj and Sukumar Shetty as Non-Executive Directors.
• Vaishali Lad became Whole-Time Director; Vaibhav Agarwal, Rajesh Bhojani, Arjun Dutta joined as Independent Directors.
• CFO Balakrishnan Thinagaran and Company Secretary Sekhar Subramanian resigned.
• CFO: Rakesh Oza; CS: Drishti Dawara appointed.

Audit & Compliance

• Statutory audit: KGS & Associates; no qualifications.
• Secretarial audit: Lakshmmi Subramanian & Associates; some qualifications; website updates ongoing.
• Internal audit: Arul Anto & Co; reports reviewed by Audit Committee.
• No major regulatory orders; no fraud reported.

Risk & Outlook

• Outlook: diversification into bullion/retail after approvals.
• Risks: management transition and liquidity during transition.
• Market volatility risk affecting bullion and retail plans.

CSR & Subsidiaries

• No subsidiary; CSR not applicable.

Certificate details

• Certificate issued by Cameo Corporate Services Limited (RTA) for quarter ended June 30, 2026.

Open Offer details

• Open Offer by Aspect Global Ventures to acquire up to 26,98,298 shares at Rs 8.50.
• Total offer value up to Rs 2,29,35,533.
• Represents 26% of the target's voting share capital.
• Forfeiture and cancellation of 99,01,931 partly paid shares; voting base now 1,03,78,069 fully paid.
• Offer period opens 10 June 2026; closes 23 June 2026.
• Payment of consideration date: 01 July 2026.
• Actual tendered shares: 0; aggregate tendered and accepted: 0.
• Post-offer holdings: Acquirer 62,87,378 shares (60.58%); public 34.58% (per details).
• Underlying transaction completed Apr 24–27, 2026; acquirer became promoter and appointed directors.

Director resignation details

• Name and designation: Velli Paramasivam, Independent Director.
• Resignation effective date: 30 June 2026.
• Reason: Personal reasons.
• Confirms no other material reasons beyond those stated.
• Ceases to be Chairman/Member of the Board Committees on which he served.
• No other listed-entity directorships or committee roles disclosed.
• Resignation letter dated 30 June 2026 attached.