Hitech Corporation delisting successful, exit price set at Rs 426 per share

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

+0.4%Reaction day

₹411.45

prior close

₹413.95

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-0.3% vs market

On the reaction day the stock moved 0.3 pts less 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

-0.6

10m

+0.7

15m

-0.6

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+0.4+0.7-0.3

Next day

-0.6-1.0+0.4

+0.6-3.6+4.2

-0.4-4.5+4.2

-1.3-6.8+5.5

+0.6-6.4+7.0

-0.2-4.7+4.5

15d

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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Hitech Corporation's voluntary delisting offer by promoter entity Geetanjali Trading is deemed successful. Acquirer crossed 90 percent holding post-offer, acquiring 1.58 crore shares (79.9 percent) via reverse book building. Final exit price set at Rs 426 per share, above discovered price of Rs 425 and floor price of Rs 252. Payment to tendering public shareholders by October 23, 2026. Shares to be delisted from BSE and NSE.

Likely market impact

Public shareholders get Rs 426 per share. Stock to be delisted from BSE and NSE. Un-tendered shares also deemed acquired at exit price.