Pre-Issue Newspaper Advertisement for Rights Issue
HILTON · price
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Hilton Metal Forging Limited has announced a Rights Issue of 1,12,96,551 fully paid-up equity shares of face value ₹10 each, priced at ₹28.32 per share (including a premium of ₹18.32), to raise approximately ₹31.99 crore. The issue is being offered in the ratio of 14 rights shares for every 29 equity shares held by eligible shareholders, with the record date set as Friday, December 26, 2025. The issue opens on Monday, January 5, 2026, and closes on Monday, January 12, 2026, with the last date for on-market renunciation being January 7, 2026. The pre-issue advertisement was published on December 31, 2025, in Financial Express, Jansatta, and Pratahkal as required under SEBI ICDR Regulations. Promoters of the company are Mr. Yuvraj Malhotra, Mrs. Diksha Yuvraj Malhotra, and Ms. Yashika Yuvraj Malhotra. Purva Shareregistry (India) Private Limited is the registrar, and South Indian Bank is the banker to the issue.
Eligible existing shareholders can subscribe to the rights shares at ₹28.32 per share in the 14:29 ratio, offering a chance to maintain their proportional stake. Non-subscribers will face dilution of their holdings. The stock may experience short-term price adjustment around the ex-rights date as the theoretical ex-rights price gets factored in.