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.

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.

Iykot Hitech Toolroom Limited faces a mandatory open offer from Aspect Global Ventures Private Limited, as the acquirer seeks to purchase up to 26,98,298 equity shares at ₹8.50 per share under SEBI's takeover regulations.

Transaction Overview

The open offer stems from a Share Purchase Agreement executed on February 24, 2026, between Aspect Global Ventures and the existing promoters of Iykot Hitech Toolroom Limited. The comprehensive transaction structure involves multiple components:

The acquirer has already committed to purchasing 35,89,080 equity shares from the selling promoters at ₹8 per share, representing 34.58% of the voting share capital.

Share Capital Structure

The target company's share capital structure underwent significant changes following a Board Resolution dated January 9, 2026. The company forfeited 99,01,931 partly paid-up equity shares where call money remained unpaid:

This restructuring established the basis for calculating the 26% offer size mandated under SEBI regulations.

Acquirer Profile

Aspect Global Ventures Private Limited, incorporated originally as KBJ Ventures Private Limited in November 2017, operates from Mumbai with a registered office at Mansions One, Linking Road, Bandra West. The company's business activities focus on property development, trust management, and construction services.

Financial Standing:

• Net Worth (September 30, 2025): ₹56,565.81 lakhs
• Authorized Share Capital: ₹10,00,00,000
• Paid-up Share Capital: ₹5,62,69,000

The acquirer's recent financial performance shows total revenue of ₹59,017.01 lakhs and profit after tax of ₹8,694.46 lakhs for the six months ended September 30, 2025.

Target Company Operations

Iykot Hitech Toolroom Limited specializes in comprehensive injection molding services, including mold design, mold making, and injection molding operations. The company provides engineering support services encompassing product design, material selection, production optimization, and quality control.

Recent business expansion includes part manufacturing and contractual manufacturing of kitchen and home appliances. The company's financial performance for nine months ended December 31, 2025, showed total income of ₹149.07 lakhs with a loss after tax of ₹107.39 lakhs.

Offer Timeline and Process

The open offer follows a structured timeline under SEBI regulations:

The acquirer has established escrow arrangements with ICICI Bank Limited, depositing the full offer consideration of ₹2,29,35,533 to ensure payment capability.

Regulatory Compliance

The offer price of ₹8.50 per share represents the highest among various pricing parameters under SEBI regulations, including the negotiated price of ₹8 per share in the underlying Share Purchase Agreement and the independent valuer's assessment of ₹8.33 per share.

Saffron Capital Advisors Private Limited serves as the Manager to the Open Offer, while Cameo Corporate Services Limited acts as the Registrar. The offer will be implemented through BSE's acquisition window mechanism, with Choice Equity Broking Private Limited appointed as the buying broker.