Hilton Metal Forging Limited has informed the Exchange regarding Board meeting held on January 14, 2026 for Allotment of Equity Shares under Rights Issue.
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Hilton Metal Forging Limited held a board meeting on January 14, 2026 to approve the allotment of equity shares under its Rights Issue. The company had previously announced the rights issue to existing shareholders, and this meeting formalizes the share allotment process. No specific details on the number of shares allotted, subscription ratio, or total amount raised have been disclosed in this particular filing. Shareholders who exercised their rights entitlements would now receive their allotted equity shares.
This is a procedural update confirming the completion of the rights issue allotment process. Existing shareholders who applied under the rights entitlement will see new shares credited to their demat accounts, potentially leading to short-term dilution for non-applicants. The stock may react based on the subscription rate and pricing of the rights issue.