Hitech Corporation delisting offer succeeds at Rs 426 exit price
HITECHCORP · price
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Hitech Corporation voluntary delisting offer succeeded. Final exit price set at Rs 426 per share, above the Rs 252 floor price and Rs 425 reverse book building discovered price. Promoter group holding will rise to 91.96 percent post-acquisition, crossing the 90 percent threshold needed for delisting. Payment to tendering shareholders on or about October 23, 2026. Residual shareholders get a 1 year exit window at the same price.
Stock will delist from BSE and NSE. Tendering public shareholders receive Rs 426 per share around October 23, 2026. Non-tendering shareholders can exit within 1 year at the same price.