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Hilton Metal Forging Clears Rs 32 Crore Rights Issue, Sets December 26 Record Date

Story Highlights
  • Hilton Metal Forging’s board approved a sizeable rights issue to existing shareholders, aiming to raise about Rs 31.99 crore at Rs 28.32 per share.
  • The rights issue, in a 14-for-29 ratio with a December 26 record date, will boost equity capital from 2.34 crore to 3.47 crore shares if fully subscribed, altering ownership stakes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hilton Metal Forging Clears Rs 32 Crore Rights Issue, Sets December 26 Record Date

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Hilton Metal Forging Limited ( (IN:HILTON) ) has shared an announcement.

Hilton Metal Forging Limited’s board has approved the terms of a rights issue of equity shares, setting a record date of December 26, 2025 to determine eligible shareholders. The company will issue 11,296,551 rights equity shares at Rs 28.32 per share, aggregating to approximately Rs 31.99 crore, in a 14-for-29 ratio to existing fully paid-up shareholders, with the issue open from January 5 to January 11, 2026 and on-market renunciation allowed until January 8. Upon full subscription, the company’s outstanding equity share capital will rise from 2.34 crore to 3.47 crore shares, signaling a significant capital infusion that may strengthen its balance sheet and support future growth initiatives while diluting existing holdings proportionately.

More about Hilton Metal Forging Limited

Hilton Metal Forging Limited is an Indian listed company engaged in metal forging and related engineering products, with its equity shares traded on BSE and the National Stock Exchange under the symbol HILTON. The company serves industrial customers that require forged components and operates within the broader metals and manufacturing sector.

Average Trading Volume: 17,843

Technical Sentiment Signal: Sell

Current Market Cap: 998.2M INR

For an in-depth examination of HILTON stock, go to TipRanks’ Overview page.

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