Castings & Forgings
Quarterly Result6 April 2026 at 02:41 pm

Hilton Metal Forging Ltd Approves Allotment of 1,67,70,000 Rights Equity Shares

AI Summary

Hilton Metal Forging Ltd has approved the allotment of 1,67,70,000 Rights Equity Shares to the Eligible Equity Shareholders at an issue price of ₹16.68/- per Rights Equity Share. The Paid-up Equity Share Capital of the Company will be modified from ₹34,69,65,510/- to ₹51,46,65,510/-. The allotment has been finalized in consultation with NSE and the Registrar to the Issue.

Key Highlights

  • Hilton Metal Forging Ltd has approved the allotment of 1,67,70,000 Rights Equity Shares.
  • The Rights Equity Shares are priced at ₹16.68/- per share including a share premium of ₹6.68/-.
  • The Paid-up Equity Share Capital of the Company will be increased from ₹34,69,65,510/- to ₹51,46,65,510/-.
  • The allotment has been finalized in consultation with NSE and the Registrar to the Issue.
  • The details of the allotment are available on the company's website.