15-Oct-2026 16:42:52
HITECH : DELISTING OFFER SUCCEEDS AT FINAL EXIT PRICE RS 426/SHARE
• Voluntary delisting offer for up to 43,91,220 equity shares, or 25.57% of equity share capital, held by public shareholders • Post-offer holding of Acquirer with promoters and promoter group crossed 90%, so the delisting offer is deemed successful under Regulation 21 of SEBI Delisting Regulations • Floor price set at ₹252/share; Acquirer's indicative price ₹351/share; discovered price ₹425/share • Acquirer accepted the discovered price and fixed the final exit price at ₹426/share, higher than the discovered price • Offer made by Geetanjali Trading and Investments Private Limited (Acquirer), a promoter group member; Kreo Capital Private Limited is manager to the offer • Equity shares to be delisted from BSE (scrip code 526217) and NSE (symbol HITECHCORP)
Hitech Corporation Ltd-$
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