Delisting15 Oct 2026, 02:41 pm
Hitech Corporation Ltd: Delisting Offer Exit Price Set at ₹426
AI Summary
Hitech Corporation Ltd has received a Post Offer Public Announcement regarding the delisting of its equity shares. The delisting offer, managed by Kreo Capital Private Limited, has set a final exit price of ₹426 per equity share. This price was discovered through a reverse book-building process, with a floor price of ₹252 and an indicative price of ₹353. The offer was initiated by Geetanjali Trading and Investments Private Limited, a member of the promoter group, to acquire shares from public shareholders and subsequently delist the company from BSE and NSE. The success of the delisting offer is contingent upon a minimum number of shares being tendered.
Key Highlights
- Delisting offer exit price finalized at ₹426 per equity share.
- Reverse book building process determined the final exit price.
- Offer aims to acquire shares from public shareholders for delisting.
- Kreo Capital Private Limited is managing the delisting offer.
- Delisting is subject to successful tender of minimum required shares.
Price Impact
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