Hilton Metal Forging Announces Rights Issue of ₹31.99 Crore
Hilton Metal Forging Limited has announced a Rights Issue of 1,12,06,551 fully paid-up equity shares of face value ₹10 each at a price of ₹28.32 per right share (including a premium of ₹18.32 per righ...
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Why is Hilton Metal Forging Limited in the news today?
Hilton Metal Forging Limited (HILTON) is in the news due to the announcement is a factual disclosure about a rights issue, providing details of the size, price, and timeline. it does not contain information that would suggest a positive or negative immediate impact.
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Hilton Metal Forging Announces Rights Issue of ₹31.99 Crore
December 31, 2025, 04:16 PM
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More Details on This News
Hilton Metal Forging Limited has announced a Rights Issue of 1,12,06,551 fully paid-up equity shares of face value ₹10 each at a price of ₹28.32 per right share (including a premium of ₹18.32 per right share). The total issue size amounts to approximately ₹31.99 crore.
The Rights Issue is being offered on a rights basis to eligible equity shareholders in the ratio of 14 right shares for every 29 equity shares held as of the record date, Friday, December 26, 2025.
The issue opens on Monday, January 5, 2026, and closes on Monday, January 12, 2026. The last date for on-market renunciation is January 7, 2026. All applications must be made through the ASBA process.
The company has published pre-issue advertisements in Financial Express, Jansatta, and Pratahkal on Wednesday, December 31, 2025. The information is also available on the company's website.
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