Hilton Metal Forging Limited announced today, December 20, 2025, that its Board of Directors has approved a Rights Issue. The proposed rights issue aims to raise ₹31.99 crore by issuing 1,12,96,551 equity shares at an issue price of ₹28.32 per share. The record date to determine eligible shareholders for this issue is set for Friday, December 26, 2025. The entitlement ratio for the rights issue is 14:29, meaning eligible shareholders will receive 14 rights equity shares for every 29 fully paid-up equity shares held. The rights issue will open on Monday, January 5, 2026, with the on-market renunciation period also starting on the same day and concluding on Thursday, January 8, 2026. The rights issue is scheduled to close on Sunday, January 11, 2026. Following the rights issue, assuming full subscription, the total number of outstanding equity shares will increase from 2,34,00,000 to 3,46,96,551. The company has made arrangements with NSDL and CDSL for the credit of rights entitlements in dematerialized form. Further details will be available in the Letter of Offer.