The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yuvraj Hiralal Malhotra
HILTON · price
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Mr. Yuvraj Hiralal Malhotra, a promoter of Hilton Metal Forging Ltd, has disclosed an acquisition of 2,42,790 equity shares (1.04% of the share capital) under Regulation 29(2) of the SEBI Takeover Regulations. The shares were acquired off-market on November 19, 2025. Following this acquisition, his shareholding in the company has increased from 12,80,742 shares (5.47%) to 15,23,532 shares (6.51%) of the total equity share capital of ₹10 face value, which stands at 2,34,00,000 shares. No encumbrance or pledge is involved in this transaction.
This is a positive signal of promoter confidence, as a promoter is increasing his stake in the company through an off-market deal. Such acquisitions generally indicate the promoter's belief in the long-term value of the company, though off-market purchases can sometimes be transfers within the promoter group rather than fresh investments.