Hilton Metal Forging to Hold EGM for ₹100 Cr QIP

Hilton Metal Forging Limited has announced an Extraordinary General Meeting (EGM) to be held on July 15, 2026, via Video Conferencing. The primary agenda is to seek shareholder approval for creating, offering, issuing, and allotting equity shares aggregating up to ₹100 crore through a Qualified Institutions Placement (QIP). This move aims to raise capital by issuing shares to eligible Qualified Institutional Buyers (QIBs) in one or more tranches, subject to regulatory approvals and market conditions. The shares issued will rank pari passu with existing equity shares.