
Delisting29 Sept 2026, 05:50 pm
Hitech Corp Forms Independent Director Committee for Delisting Offer
AI Summary
Hitech Corporation Ltd has formed a Committee of Independent Directors as per Regulation 28 of SEBI Delisting Regulations. This action follows the receipt of the Detailed Public Announcement (DPA) for a Delisting Offer, published on September 28, 2026, by Kreo Capital Private Limited on behalf of Geetanjali Trading and Investments Private Limited, a promoter group member. The committee will provide reasoned recommendations on the Delisting Offer. The committee comprises Dr. Sivaram Swaminathan, Mr. Aditya Sheth, Dr. Anjan Ray, Mrs. Kalpana Merchant, and Dr. Prakash Trivedi.
Key Highlights
- Independent Director's Committee formed for delisting offer.
- Committee to provide recommendations on the Delisting Offer.
- Formation is in accordance with SEBI Delisting Regulations.
- Acquirer is Geetanjali Trading and Investments Private Limited.
Price Impact
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