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Hilton Metal Forging Limited ( (IN:HILTON) ) just unveiled an announcement.
Hilton Metal Forging Limited’s board has approved a rights issue of 11,296,551 equity shares, priced at Rs 28.32 per share, to existing shareholders in the ratio of 14 shares for every 29 fully paid shares held as of the December 26, 2025 record date. The fundraise, amounting to approximately Rs 31.99 crore and potentially increasing the company’s paid-up equity capital to 34,696,551 shares on full subscription, is structured to allow trading and renunciation of rights during a January 5–11, 2026 window, signaling a move to strengthen the company’s capital base and broaden its equity float while offering current investors a chance to maintain or increase their stake.
More about Hilton Metal Forging Limited
Average Trading Volume: 17,843
Technical Sentiment Signal: Sell
Current Market Cap: 998.2M INR
For a thorough assessment of HILTON stock, go to TipRanks’ Stock Analysis page.