StockWatch
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Industrial Products
Corporate Action8 Jun 2026, 10:57 am

Hittco Tools: BSE Approves Trading of Preferential Issue Shares

AI Summary

Hittco Tools Ltd has received trading approval from BSE Limited for the listing and trading of 4,45,000 equity shares allotted on a preferential basis. The shares were issued at a price of ₹13.92 each, with a face value of ₹10, resulting in a total issue size of ₹61,94,400. The approval is effective from June 8, 2026. This development signifies the completion of a capital-raising exercise through a preferential allotment, which will now be available for trading on the stock exchange.

Key Highlights

  • BSE grants trading approval for preferential issue shares.
  • 4,45,000 equity shares allotted at ₹13.92 each.
  • Total issue size amounts to ₹61,94,400.
  • Trading effective from June 8, 2026.
  • Completion of capital raise via preferential allotment.