Iykot Hitech Toolroom Ltd — Updates, 22-05-2025: Company Update

IYKOT HITECH TOOLROOM LIMITED has announced that there was no deviation or variation in the utilization of proceeds amounting to Rs. 2.48 Cr raised through its rights issue. The funds were used as originally intended for general corporate purposes. This was confirmed after review by the company’s Audit Committee, with no comments noted from auditors. This indicates disciplined fund management and adherence to planned usage, supporting transparency and confidence for shareholders.