Hilton Metal Forging Limited announces rights issue at ₹1,668 per share in 29:60 ratio
The Board of Directors of Hilton Metal Forging Limited, at a meeting on 13 March 2026, resolved to issue equity shares on a rights basis. The ratio is 29 new equity shares for every 60 equity shares currently held by shareholders. The issue price has been fixed at ₹1,668 per share. The announcement was formally conveyed to the National Stock Exchange of India Limited (NSE) in compliance with securities regulations.
Why it mattersRights issues trigger SEBI (ICDR) Regulations 2018 Part C compliance (pricing formula, shareholder approval, listing approvals, escrow mechanics); confirm whether preferential issue or fully subscribed rights, and whether any promoter dilution or lock-in waivers apply post-issuance.
SectorIndustrials
[object Object][object Object][object Object][object Object][object Object][object Object][object Object]
Sources
Open in the live tracker →Related deals
- Which law firms are advising on Anthropic's IPO?28 Oct 2026 · $1.5
- Hero MotoCorp Limited: Acquisition28 Oct 2026 · ₹300 cr
- Zensar Technologies Limited: Amalgamation/Merger28 Oct 2026
- Hexaware Technologies Limited: Amalgamation/Merger28 Oct 2026
- Dodla Dairy Limited: General Updates28 Oct 2026
- Jindal Stainless Limited: Acquisition28 Oct 2026