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
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