HITECH : DELISTING OFFER SUCCEEDS, EXIT PRICE FIXED AT ₹426/SHARE

• Acquirer Geetanjali Trading and Investments, a promoter group entity, accepted the discovered price of ₹425/share • Final exit price fixed at ₹426/share under Regulation 20(6), higher than the discovered price • Delisting offer was for up to 43,91,220 equity shares (25.57% of equity capital) held by public shareholders • Post-offer promoter group holding exceeded 90% of total issued equity shares, so the offer is deemed successful under Regulation 21 • Floor price was ₹252/share and the acquirer's indicative price was ₹353/share

Hitech Corporation Ltd-$

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