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HITECHCORPBSEHITECH CORPORATION LTDHighNeutral
Announced Mon, 28 Sept, 2026 · 18:09 IST

Voluntary delisting offer at indicative price of Rs 353 per share

Voluntary delisting proposedCapital Market Events View source PDFExplain 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
+0.6%Reaction day
₹341.00
prior close
₹343.50
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+1.0%-0.4% vs market

On the reaction day the stock moved 0.4 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
5m
-0.1
10m
-0.1
15m
-1.9
30m
-1.9
Sessions after the filingfrom the prior close
StockMarketvs market
Reaction day
+0.6+1.0-0.4
Next day
+1.5+0.8+0.7
2d
-0.1-0.5+0.4
3d
+0.2-0.5+0.8
4d
+0.3+0.8-0.5
5d
+2.4+0.5+1.9
1w
+3.5-2.0+5.5
15d
+20.2-6.4+26.6
1m
+21.2-5.9+27.1
2m
———
3m
———
UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Hitech Corporation has received a Detailed Public Announcement for voluntary delisting of equity shares from BSE and NSE. Promoter group entity Geetanjali Trading and Investments is the acquirer, with Kreo Capital as the manager. Indicative price is Rs 353 per share, floor price Rs 252 per share. Promoters hold 74.43 percent currently, public shareholders hold 25.57 percent. Bid period runs October 7 to October 13, 2026 through reverse book building.

Likely market impact

Public shareholders can tender shares at Rs 353 or higher via reverse book building. Delisting needs acquirer plus public bids to reach 90 percent post-offer threshold.