Board consents to voluntary delisting from BSE and NSE

Voluntary Delisting ProposedCapital Market Events View source PDF Explain this filing

HITECHCORP · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.1%Reaction day

₹314.50

prior close

₹319.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.4%+1.6% vs market

On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.2

10m

-2.5

15m

-2.5

30m

-2.2

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+0.1-1.4+1.6

Next day

-1.1-2.5+1.4

-1.4+0.4-1.8

-1.7+2.2-3.9

-3.0+2.7-5.7

+1.4+3.9-2.4

-1.5+5.2-6.7

15d

+0.5+6.5-6.0

+3.0+6.9-3.9

+2.7+9.1-6.4

+5.7+11.6-5.9

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board approved the voluntary delisting proposal from BSE and NSE. Promoter group member Geetanjali Trading will buy out 43.91 lakh shares (25.57%) from public shareholders. Floor price set at Rs 252 per share, indicative offer price at Rs 353 per share. Move subject to shareholder approval via postal ballot.

Likely market impact

Public shareholders can tender shares at the offer price. If delisting succeeds, stock will stop trading on exchanges. Shareholder vote pending.