Iykot Hitech Toolroom Ltd — Important, 24-07-2026: Company Update

IYKOT Hitech Toolroom's board approved significant strategic changes. The company is altering its business objects to enter the bullion and precious metals sector, pending member approval. To fund this expansion and bolster financial flexibility, the authorized share capital will increase from Rs 15 crore to Rs 40 crore, also subject to member approval. The registered office will relocate from Tamil Nadu to Maharashtra. Key leadership appointments include Ms. Vaishali Sharad Lad as Whole-Time Director, Mr. Rakesh Oza as Chief Financial Officer, and Ms. Drishti Dawara as Company Secretary. For the quarter, the company reported a net loss of Rs 0.45 crore on a total income of Rs 0.11 crore.