Voluntary delisting offer: Indicative price Rs 353, Floor Rs 252, bid Oct 7 to 13

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

+0.9%Reaction day

₹343.00

prior close

₹338.25

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+1.1% vs market

On the reaction day the stock moved 1.1 pts more 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

+0.7

10m

+2.0

15m

+0.7

30m

+2.0

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+0.9-0.3+1.1

Next day

-0.7-1.5+0.8

-0.3-1.5+1.2

-0.3-0.2-0.0

+1.9-0.5+2.3

+2.0-3.2+5.3

+3.6-2.2+5.7

15d

+18.4-9.5+27.9

+20.4pendingpending

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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Geetanjali Trading (promoter group) issued Letter of Offer to delist Hitech Corporation from BSE and NSE. Indicative price Rs 353, floor Rs 252 per share. Reverse book-building bidding from October 7 to 13, 2026. Promoters hold 74.43% and need to reach 90% for successful delisting. Offer targets 43,91,220 public shares (25.57%). Shareholders approved delisting on July 10, 2026 with 99.67% in favour.

Likely market impact

Public shareholders can tender shares via reverse book-building between October 7 and 13 at floor Rs 252 or higher. Successful delisting needs 90 percent promoter holding.