Hilton Metal Forging Limited announced the outcome of its Board Meeting held on Saturday, December 20, 2025. The Board of Directors considered and approved a Rights Issue of Equity Shares. The total issue size is ₹31.99 Crore, with each Rights Equity Share priced at ₹28.32, including premium. The company plans to issue 1,12,96,551 Equity Shares (1 Crore Twelve Lakh Ninety-Six Thousand Five Hundred and Fifty One). The rights entitlement ratio for existing shareholders is 14:29, meaning 14 Rights Equity Shares for every 29 fully paid-up Equity Shares held as of the record date. The record date to determine eligible shareholders has been set for Friday, December 26, 2025. The Rights Issue period will commence on Monday, January 05, 2026, with the on-market renunciation period also starting on the same day and ending on Thursday, January 08, 2026. The Rights Issue is scheduled to close on Sunday, January 11, 2026. Post the Rights Issue, assuming full subscription, the total number of 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 the credit of rights entitlements in dematerialized form. Further details will be available in the Letter of Offer, and the information is also accessible on the company's website.