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Delisting28 May 2026, 11:58 pm

Hitech Corp Delisting: Floor Price 252, Indicative Offer 353

AI Summary

Hitech Corporation Limited announced updates regarding its voluntary delisting offer. The Floor Price has been determined at 252 per equity share, in accordance with SEBI Delisting Regulations. The Acquirer, Geetanjali Trading and Investments Private Limited, has set the Indicative Price for the delisting offer at 353 per equity share, which is higher than the floor price. The company's Board has also appointed M/s. Robert Pavrey & Associates LLP to conduct due diligence and audit for the delisting process.

Key Highlights

  • Floor Price for voluntary delisting determined at 252 per equity share.
  • Acquirer's Indicative Price for the delisting offer is 353 per equity share.
  • Indicative Price is higher than the determined Floor Price.
  • Board appointed M/s. Robert Pavrey & Associates LLP for due diligence and audit.