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Packaging
Acquisitions29 Oct 2026, 08:12 pm

Hitech Corporation Promoter Group Acquires 30,09,593 Shares

AI Summary

Geetanjali Trading and Investments Private Limited, a member of the Promoter group of Hitech Corporation Limited, has acquired 30,09,593 equity shares. This acquisition was made pursuant to the voluntary delisting process under SEBI (Delisting of Equity Shares) Regulations, 2021. The transaction was completed on October 23, 2026. The holding prior to the transaction was 1,18,69,295 equity shares (69.11%), and post-acquisition, the holding is 1,48,78,888 equity shares (86.63%). The percentage of shares transacted is 17.52%.

Key Highlights

  • Promoter group entity acquired 30,09,593 equity shares.
  • Acquisition completed as part of voluntary delisting process.
  • Holding increased from 69.11% to 86.63% of total equity.
  • Transaction completed on October 23, 2026.