BSEHittco Tools LtdMediumNeutral
Announced Mon, 9 Feb · 17:41 IST

Pursuant to Regulation 30 of SEBI LODR Regulations 2015, we hereby submit a Corrigendum to Postal Ballot Notice Dated 19.01.2026 circulated to the members of Hittco Tools Limited.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Hittco Tools has issued a corrigendum to its postal ballot notice dated 19.01.2026, following observations from BSE regarding the proposed preferential issue of equity shares. The corrigendum corrects the post-preferential shareholding figures: Mr. Yash Vardhan Bhandari (Promoter) will hold 6.26% (down from earlier disclosed 6.38%), and Mr. Shreyans Bhandari (Non-Promoter) will hold 2.27% (down from earlier 2.31%). The total issue size is Rs. 61.94 lakh, with Rs. 41.06 lakh earmarked for business expansion and Rs. 20.88 lakh for general corporate purposes, to be utilised within 24 months. The preferential issue involves 4,45,000 equity shares allotted to two individuals, and the postal ballot voting window runs from 20.01.2026 to 18.02.2026.

Likely market impact

Minor correction to disclosure numbers with no material change to the preferential issue structure; the issue is small (under Rs. 62 lakh) and primarily directed at promoter-related allottees, so dilution and market impact are limited.