Hilton Metal Forging Limited announced that its Board of Directors, in a meeting held on Saturday, December 20, 2025, has approved a Rights Issue. The issue size is ₹31.99 Crore (31,99,18,324.32) for the issuance of 1,12,96,551 Equity Shares at an issue price of ₹28.32 per share. The record date for determining eligible equity shareholders is Friday, December 26, 2025. The rights entitlement ratio is 14:29, meaning shareholders will receive 14 Rights Equity Shares for every 29 fully paid-up Equity Shares held. The Rights Issue will open on Monday, January 05, 2026, with the on-market renunciation period also starting on the same date and ending on Thursday, January 8, 2026. The Rights Issue will close on Sunday, January 11, 2026. Post the Rights Issue, the total number of outstanding equity shares is expected to increase to 3,46,96,551, assuming full subscription, from the current 2,34,00,000 shares. The company has made necessary arrangements with NSDL and CDSL for the credit of rights entitlements in dematerialized form. This information is also available on the company's website.