Iykot Hitech Toolroom Ltd — Board Meeting, 22-05-2025: Board Meeting

IYKOT Hitech Toolroom has announced a board meeting on 22 May 2025 that approved the financial results for the quarter and half-year, appointed M/s A. Arul Anto & Co as Internal Auditor for FY 2025-26, and appointed M/s Lakshmmi Subramanian & Associates as Secretarial Auditor for FY 2025-30, subject to shareholder approval. The company reported a loss of ₹10.45 Cr for the year with revenue of ₹5.01 Cr. The audit was completed with an unmodified opinion by KGS & Associates. There was no deviation in the use of proceeds from the Rights Issue. The company’s paid-up equity capital stands at ₹4.82 Cr, and net worth at ₹2.64 Cr, making certain corporate governance compliances not applicable.