IYKOT HITECH TOOLROOM LIMITED

Key Board Approvals and Notings

1. Unaudited Financial Results: Approved standalone financial results for Q2 and H1 FY27 ended September 30, 2026, along with Limited Review Report from Statutory Auditors (Annexure A).

2. New Corporate Office: Approved situation of new corporate office in Mumbai, Maharashtra at 3A, 3rd Floor, Mansionz One, Plot No 260-265, Linking Road, Bandra West, Mumbai - 400050. Approved Leave and License Agreement for the new premises. Effective date: November 06, 2026. Reason: Alignment with new management location following recent change in control.

3. Change in CIN: Noted change in Corporate Identification Number from L27209TN1991PLC021330 to L47733TN1991PLC021330. Effective date: September 04, 2026. Reason: Change in company object to retail business in bullion and precious metals.

Financial Performance Highlights (Standalone)

Quarter Ended September 30, 2026 (Unaudited):

  • Net Sales/Income from Operations: ₹3.90 lakh
  • Other Operating Income: ₹4.79 lakh
  • Total Income from Operations: ₹8.69 lakh
  • Total Expenses: ₹41.87 lakh
  • Loss from Operations: ₹(33.18) lakh
  • Net Loss: ₹(33.18) lakh
  • EPS (Basic & Diluted): ₹(0.29)
  • Paid-up Equity Share Capital: ₹518.90 lakh (Face Value ₹5 each)

Half Year Ended September 30, 2026 (Unaudited):

  • Net Sales/Income from Operations: ₹11.13 lakh
  • Other Operating Income: ₹8.80 lakh
  • Total Income from Operations: ₹19.93 lakh
  • Total Expenses: ₹98.08 lakh
  • Loss from Operations: ₹(78.15) lakh
  • Net Loss: ₹(78.15) lakh
  • EPS (Basic & Diluted): ₹(0.74)

Comparative Figures (Audited Year Ended March 31, 2026):

  • Net Sales/Income from Operations: ₹156.97 lakh
  • Other Operating Income: ₹53.46 lakh
  • Total Income from Operations: ₹210.43 lakh
  • Total Expenses: ₹315.26 lakh
  • Loss from Operations: ₹(104.83) lakh
  • Tax Expense: ₹1.41 lakh
  • Net Loss: ₹(103.42) lakh
  • EPS (Basic & Diluted): ₹(0.84)
  • Paid-up Equity Share Capital: ₹642.68 lakh

Balance Sheet Position (Unaudited as of September 30, 2026)

  • Total Assets: ₹331.21 lakh (Previous: ₹420.19 lakh as of March 31, 2026)
  • Non-Current Assets: ₹103.83 lakh (Property, Plant & Equipment: ₹49.28 lakh; Loans: ₹54.55 lakh)
  • Current Assets: ₹227.38 lakh (Cash & Cash Equivalents: ₹165.44 lakh; Trade Receivables: ₹15.07 lakh; Other Current Assets: ₹44.40 lakh; Loans: ₹2.46 lakh)
  • Equity: ₹307.85 lakh (Equity Share Capital: ₹518.90 lakh; Reserves & Surplus: ₹(211.05) lakh)
  • Total Liabilities: ₹23.36 lakh (Non-current: ₹16.83 lakh; Current: ₹6.53 lakh)

Cash Flow Statement (Unaudited H1 FY27)

  • Net Cash from Operating Activities: ₹(74.65) lakh
  • Net Cash from Investing Activities: ₹28.26 lakh
  • Net Cash from Financing Activities: ₹35.06 lakh
  • Net Decrease in Cash: ₹(11.33) lakh
  • Cash at Beginning: ₹176.77 lakh
  • Cash at End: ₹165.44 lakh

Significant Corporate Developments

1. Share Forfeiture: Received final statutory notice from BSE on May 12, 2026, confirming successful forfeiture of 99,01,931 partly paid-up equity shares, establishing revised voting share capital at 10,37,806 equity shares.

2. Change in Management Control: Erstwhile promoters (Ms. Annjana Dugar, Ms. Likhitta Dugar, Mr. Padam Dugar, and Mr. Antariksh Dugar) executed Share Purchase Agreement dated February 24, 2026, with Aspect Global Ventures India Private Limited for sale of 35,89,080 fully paid-up equity shares (34.58% of post-forfeiture voting capital). Aspect Global Ventures acquired control and was reclassified as Corporate Promoter.

3. Board Composition Changes:

  • April 27, 2026: Appointed Mrs. Aksha Mohit Kamboj, Mr. Sukumar Anand Shetty, and Ms. Vaishali Sharad Lad as Additional Directors (Non-Executive)
  • July 24, 2026: Ms. Vaishali Sharad Lad redesignated to Additional Director (Whole-time Director)
  • July 21, 2026: Appointed Mr. Vaibhav Agarwal (DIN: 11267514) and Mr. Rajesh Chunilal Bhojani (DIN: 01804482) as Additional Directors (Non-Executive Independent)
  • July 23, 2026: Appointed Mr. Arjun Bikas Dutta as Additional Director (Non-Executive Independent)
  • Committees reconstituted: Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, Rights Issue Committee
  • Regularization approved at 35th AGM held on September 04, 2026

Additional Information

  • Company operates in one business segment