Hittco Tools Ltd — Updates, 14-08-2025: Company Update

Hittco Tools' board has approved the financial results for the quarter ended June 30, 2025, reporting a loss of 28.78 Lakhs. Significant management changes include the resignation of the CFO, Mr. Adatariya Ravikumar Jayeshbhai, and the immediate appointment of Mr. Yash Vardhan Bhandari as the new CFO. Ms. Khushboo Agrawal was also appointed as Company Secretary and Compliance Officer. In a favorable ruling, the Securities Appellate Tribunal overturned a Rs. 1.05 lakh penalty previously imposed by BSE Ltd. The board also appointed a valuer for a potential preferential allotment and approved M/s. Manjeet and Associates as Secretarial Auditor for five years, subject to shareholder approval.