22-Oct-2026 18:12:01
HITECHCORP : DELISTING OFFER REMAINS SUCCESSFUL AFTER CORRIGENDUM
• Registrar updates RBBP outcome: 100 physical shares tendered were rejected as documents not in order • Validly tendered shares now 30,09,593 (~30.1 lakh) v 30,09,693 disclosed in Post Offer PA dated 15 October • Total 34,16,208 shares with 778 bids were received in price range ₹252 to ₹2,000 per share • Acquirer will acquire all shares validly tendered at or below the exit price • Post acquisition, Acquirer with promoters and promoter group to hold 1,57,94,073 shares (~1.58 Cr), 91.96% of paid-up equity and 92.82% excluding Regulation 21(a) shares • Holding exceeds minimum required under Regulation 21(a); Acquirer is Geetanjali Trading and Investment Pvt Ltd, Kreo Capital is Manager to the Offer Impact: Neutral (Corrigendum only corrects physical-share rejection; delisting acceptance ratio and success status unchanged)
Hitech Corporation Ltd-$
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