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Iykot Hitech Toolroom LtdUpdates, 11-04-2025: Company Update

11-04-2025 · 05:48 pm

Iykot Hitech Toolroom Limited has dispatched its First & Final Call Money Notice to shareholders for the payment of ₹5.25 per partly paid-up equity share, applicable to 1,41,96,000 shares issued in a prior rights issue. The payment, which comprises ₹3.75 for face value and ₹1.50 for securities premium, is due by May 5, 2025. The company’s Board previously approved this call, intended to ensure full payment for the rights shares. This move is likely to enhance the company's capital base, positively impacting financial stability and investor sentiment, as shareholders must act promptly to retain their shares and avoid forfeiture.

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