Iykot Hitech Toolroom Ltd — Important, 01-01-1970: Company Update

Aspect Global Ventures has launched an open offer to acquire up to 26.98 Lakh equity shares of Iykot Hitech Toolroom Limited at ₹8.50 per share, totaling ₹2.29 Crore. This open offer allows public shareholders to tender their shares. Significantly, Iykot Hitech's voting share capital has been adjusted to 1.04 Crore shares after the forfeiture and cancellation of 99.02 Lakh partly paid shares that lacked voting rights due to unpaid call money. This adjustment impacts the basis for the offer size, which is 26% of the revised voting capital.