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

The company's Board approved a significant strategic shift, altering its main business objectives to focus on the bullion and precious metals sector. To fund this expansion and provide financial flexibility, the Authorised Share Capital will increase from Rs. 15 Crore to Rs. 40 Crore. Leadership changes include Ms. Vaishali Sharad Lad's designation as Whole-Time Director and the appointment of Mr. Rakesh Oza as the new Chief Financial Officer, replacing Mr. Balakrishnan Thinagaran. Ms. Drishti Dawara also joined as Company Secretary. The Board approved the financial results for the quarter, reporting a net loss of Rs. 0.45 Crore, and appointed M/s. A. Arul Anto & Co. as Internal Auditor.