Iykot Hitech Toolroom Ltd — Important, 21-07-2026: Company Update

The company's Board has announced significant changes to its independent director composition. Three independent directors resigned, while three new independent directors—Mr. Vaibhav Agarwal, Mr. Rajesh Chunilal Bhojani, and Mr. Arjun Bikas Dutta—were appointed. These appointments introduce a wealth of experience in financial services, banking, risk management, and regulatory compliance, strengthening the board's expertise. As a direct consequence, key board committees, including Audit, Nomination and Remuneration, Stakeholders Relationship, and Rights Issue Committees, have been reconstituted to align with the new leadership structure, enhancing corporate governance and strategic oversight.