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Hilton Metal Forging Limited ( (IN:HILTON) ) has shared an announcement.
Hilton Metal Forging Limited’s board has approved the detailed terms of a rights issue of equity shares, offering 1,12,96,551 new shares at Rs. 28.32 per share to existing shareholders in a 14-for-29 ratio as of the record date of December 26, 2025. The issue, which could raise up to Rs. 31.99 crore and expand the company’s equity base from 2.34 crore to 3.47 crore shares assuming full subscription, is scheduled to open on January 5, 2026 and close on January 11, 2026, with on-market renunciation permitted until January 8, 2026, signaling a bid to strengthen the company’s capital position and provide existing shareholders with an opportunity to maintain or adjust their stakes.
More about Hilton Metal Forging Limited
Average Trading Volume: 17,843
Technical Sentiment Signal: Sell
Current Market Cap: 998.2M INR
Find detailed analytics on HILTON stock on TipRanks’ Stock Analysis page.