Hilton Metal Forging Limited has informed the Exchange that Board of Directors at its meeting held on March 13, 2026, has decided to issue equity shares on rights basis in the ratio of 29 : 60, i.e 29 Equity Shares for every 60 Equity Shares held. Issue Price is Rs. 1668 per share.
HILTON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hilton Metal Forging Limited has extended the closing date of its ongoing Rights Issue from March 13, 2026 to April 02, 2026, giving shareholders additional time to subscribe. The issue comprises 1,67,70,000 equity shares offered in the ratio of 29 shares for every 60 shares held at Rs. 1,668 per share. The opening date of March 06, 2026 remains unchanged, and trading in Rights Entitlements on the stock exchanges will not be resumed. All other terms of the Letter of Offer dated February 28, 2026 remain the same.
Shareholders get more time to decide on subscribing to the rights issue, which may improve subscription levels but also indicates possible slow uptake so far. The non-extension of Rights Entitlements trading means only existing shareholders who already hold the REs can apply, limiting new participants.