Hilton Metal Forging Limited announced its Board of Directors has approved a Rights Issue of equity shares. The issue size is ₹31.99 Crore, with shares priced at ₹28.32 each. The record date to determine eligible shareholders for this rights issue is set for Friday, December 26, 2025. The rights entitlement ratio is 14:29, meaning eligible shareholders will receive fourteen Rights Equity Shares for every twenty-nine fully paid-up Equity Shares held as of the record date. The company plans to issue 1,12,96,551 equity shares in total. The Rights Issue will open on Monday, January 05, 2026, with the on-market renunciation period also starting on the same day and ending on Thursday, January 8, 2026. The Rights Issue is scheduled to close on Sunday, January 11, 2026. Post the rights issue, assuming full subscription, the total outstanding equity shares will increase to 3,46,96,551 from the current 2,34,00,000. The company has made necessary arrangements with NSDL and CDSL for crediting the rights entitlements in dematerialized form to the eligible shareholders' demat accounts before the issue opening date. Further details will be available in the Letter of Offer.