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Delisting22 Oct 2026, 06:21 pm

Hitech Corp Delisting Offer Update: 100 Physical Shares Tendered

AI Summary

Hitech Corporation Ltd has received a corrigendum regarding its delisting offer. Initially, it was reported that no shares in physical form were tendered. However, an update from the Registrar to the Delisting Offer indicates that 100 equity shares in physical form were tendered. These shares have been rejected due to incomplete documentation. Consequently, the total number of validly tendered shares at or below the Exit Price is 30,09,593. The Acquirer will proceed with acquiring these shares, and their combined shareholding with promoters will reach 91.96%, ensuring the delisting offer's success.

Key Highlights

  • Corrigendum issued for Hitech Corp's delisting offer.
  • 100 physical shares tendered but rejected due to documentation issues.
  • Total validly tendered shares confirmed at 30,09,593.
  • Acquirer's stake will reach 91.96%, confirming delisting success.