BSEHittco Tools LtdMinimalNeutral
Announced Tue, 31 Mar · 15:54 IST

Disclosure under Regulation 7(2) read with Regulation 6(2) of SEBI PIT Regulation 2015 with Form C for Mr. Shreyans Bhandari.

Price

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Price reaction · full curve 14 horizons · vs prior close
+10.1%1-day move
₹9.95
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+10.1+0.5+2.0+3.5+13.6+19.1+16.1+18.1+7.4+5.0
Up moveDown movePending
AI summary

Hittco Tools Limited has filed a Form C disclosure under SEBI (Prohibition of Insider Trading) Regulations, 2015 on behalf of Mr. Shreyans Bhandari, categorised as a Non-Promoter and Immediate Relative of a Key Managerial Personnel. Mr. Shreyans Bhandari acquired 1,50,000 equity shares through a Preferential Allotment between 28 March 2026 and 30 March 2026. Prior to this acquisition, he held just 140 equity shares; post-acquisition, his holding stands at 1,50,140 equity shares, representing 2.27% of the company's share capital. No trading in derivatives was reported. The disclosure was signed by the Managing Director, Mr. Surendra Bhandari, on behalf of the company.

Likely market impact

This is a routine insider-trading compliance filing, but the size of the allotment (over 1,000x increase in holding) signals meaningful insider-family participation in the preferential issue. Existing shareholders should note potential dilution, though insider participation in a preferential allotment is generally viewed as a confidence signal by promoter-group/management associates.