Iykot Hitech Toolroom Limited announced that Board of Directors of the Company in its meeting held on 19 October 2022 has appointed Mr. Velli Pararnasivam as an Additional Director (Non Executive) of the Company with effect from 19 October, 2022 change in control subsequent to open offer of the Company. Mr. Velli Paramasivam is a fellow member of The Institute of Company Secretaries of India and a Practicing Company Secretary having a vast experience of 34 years in Corporate Sector Services in toto in various Industries like Textile, Paper, Cement, Automobile, Import Service Sector and Hospitality.