HITECHCORPBSEHitech Corporation Ltd-$HighNeutral
Announced Mon, 25 May · 20:44 IST

Please find enclosed.

Voluntary Delisting ProposedCapital Market Events View source PDF

HITECHCORP · price

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

Price reaction · full curve 14 horizons · vs prior close
+31.4%1-day move
₹167.50
prior close
₹200.16
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+31.4+44.6+59.0+67.0+75.3+86.4+90.4+87.5+90.7
Up moveDown movePending
AI summary

Hitech Corporation Limited has disclosed that its promoter group entity, Geetanjali Trading and Investments Private Limited, has made an Initial Public Announcement to acquire all equity shares from public shareholders. The Acquirer intends to voluntarily delist the company's shares from both BSE Limited and NSE Limited. This delisting proposal is being made in accordance with SEBI (Delisting of Equity Shares) Regulations, 2021. Public shareholders will be given an opportunity to tender their shares during the delisting offer period.

Likely market impact

This announcement signals a potential exit opportunity for public shareholders at the proposed delisting price. If the delisting succeeds, the company will cease to be listed, and shareholders who do not tender may hold unlisted shares with limited liquidity.