Pursuant to Regulation 30of the SEBI listing Obligations and Disclosures Requirements,2015, board has approved the forfeiture of partly paid Equity Shares.
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The Board of Hittco Tools Ltd, at its meeting on 14th November 2025, approved the forfeiture of 2,47,600 partly paid equity shares (face value ₹10 each) because shareholders failed to pay the call money of ₹5 per share despite repeated reminders and a final notice. The total unpaid call money amounts to approximately ₹12.38 lakh. The forfeiture has been carried out under the Companies Act, 2013, relevant rules, and the company's Articles of Association. The details of the forfeited shares will be updated in the Register of Members and corporate records.
This is a routine regulatory disclosure and is unlikely to have any material impact on the stock price or existing shareholders. The forfeited shares were already partly paid, and the action simply cancels them for non-payment, slightly reducing the share count.