HITECHCORPBSEHITECH CORPORATION LTDCriticalNeutral
Announced Tue, 13 Oct, 2026 · 18:21 IST

Hitech Corporation delisting offer succeeds, discovered price Rs 425

Voluntary Delisting ProposedCapital Market Events View source PDFExplain this filing

HITECHCORP · price

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Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹373.25
prior close
₹391.90
base price
After-mkt
timing
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AI summary

Hitech Corporation's voluntary delisting offer closed on Oct 13, 2026. Reverse book building discovered price is Rs 425 per share, well above the floor price of Rs 252 and indicative price of Rs 353. About 34.16 lakh shares were tendered through 778 bids. Post-delisting promoter holding would reach 92.67 percent, exceeding the 90 percent threshold. The delisting offer is successful if acquirer Geetanjali Trading accepts the price.

Likely market impact

Public shareholders who bid at or below Rs 425 per share will be paid; stock will exit BSE and NSE once the acquirer accepts the price.