Key Details of Resignation
- Mr. Velli Paramasivam (DIN: 09766538) resigned as Independent Director of Iykot Hitech Toolroom Limited
- Effective date: June 30, 2026
- Reason for resignation: Personal reasons
- Director ceases to be Chairman/Member of all Board Committees of the company
Director Confirmation
- Company received confirmation from Mr. Velli Paramasivam that there are no material reasons for resignation other than personal reasons mentioned in resignation letter
- Resignation letter dated June 30, 2026 enclosed as annexure
Board Acknowledgement
- Board of Directors placed on record sincere appreciation for valuable contributions made by Mr. Velli Paramasivam during his tenure
Annexure Details (Annexure A)
Disclosure pursuant to SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015:
- Name of Director resigned: Velli Paramasivam
- Reason for resignation: Personal Reasons
- Other directorships: Nil (no listed entities)
- Date of resignation: 30-06-2026
- Confirmation provided: Yes, confirmation provided that there is no material reason other than reason provided
- Disclosure: Resignation letter mentioning reason for resignation attached
Resignation Letter Content
- Submitted by Velli Paramasivam from Priyadarshini Apartments, # 10/154, N.M.K. Street, Ayanavaram, Chennai-600023
- Addressed to Board of Directors, Iykot Hitech Toolroom Limited, No: 131/2, Thiruneermalai Road, Nagalkeni, Chrompet, Chennai -600044
- Resignation effective immediately due to personal reasons
- Expression of thanks to Board and Management for support and guidance during tenure
- Request for early acceptance of resignation
Company Signatory
- Anand Sukumar Shetty, Additional Director (DIN: 03540525)
- Date of filing: June 30, 2026
- Reference number: IYKOT/FY26-27/SEC/010