The Board of Directors in its meeting held on 29th November, 2025 have decided to issue and allot 22,47,000 equity shares to non-promoters investors preferential on preferential basis
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Hilltone Software and Gases Ltd has allotted 22,47,000 equity shares of Rs. 10 face value each at Rs. 44 per share on a preferential basis to 31 non-promoter investors. This includes a premium of Rs. 34 per share over the face value. The total amount raised is approximately Rs. 9.89 crore. The largest allotments went to E Wizdom Solutions Pvt Ltd (4,85,000 shares), Gurpreet Singh Pasricha (3,42,000 shares), Parminder Singh Sethi (1,93,000 shares), and Raveesh Dewan (1,93,000 shares). The shares will rank pari-passu with existing equity shares. The Board approved this in its meeting held on 29th November 2025.
Existing shareholders will see their stake diluted by approximately 22.47 lakh new shares. The company is bringing in 31 new non-promoter investors and raising around Rs. 9.89 crore, which could strengthen its capital base for growth or operations. Share price may see short-term pressure due to dilution, though the premium pricing signals investor confidence.