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.

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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.
Historical Stock Returns for Iykot Hitech Toolroom
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | +71.04% | +32.73% | +128.13% |
What strategic plans does Aspect Global Ventures have for Iykot Hitech Toolroom following this 35.59% stake acquisition?
Will Aspect Global Ventures seek to acquire additional shares to gain majority control or trigger an open offer?
How might this ownership change impact Iykot Hitech Toolroom's business operations and strategic direction in the toolroom industry?

































