Hittco Tools Ltd Board Approves Share Capital Increase

Hittco Tools Limited's Board of Directors met on July 15, 2026, and approved a significant increase in the company's authorized share capital. The capital will be raised from ₹15 crore to ₹35 crore by creating 2 crore additional equity shares of ₹10 each. This move is subject to shareholder and SEBI approval. The Board also approved the alteration of the Memorandum of Association, a postal ballot notice, and set July 10, 2026, as the cut-off date for the postal ballot. CS Manjeet was appointed as the scrutinizer for the remote e-voting process, which will be facilitated by CDSL and run from July 16 to August 14, 2026. Results are expected by August 18, 2026. The Managing Director has been authorized to handle all necessary filings and actions.