Hilton Metal Forging Limited has successfully completed its Rights Issue, allotting 1,12,96,551 fully paid-up equity shares of face value ₹10 each at a price of ₹28.32 per share. The total amount raised from the issue, assuming full subscription, is ₹31.99 crore.

The rights issue opened on January 5, 2026, and closed on January 12, 2026. The last date for on-market renunciation of Rights Entitlement was January 7, 2025. The basis of allotment was finalized on January 14, 2026.

The company has confirmed that all valid applications were considered for the allotment. Allotment advice and refund intimations will be dispatched by January 17, 2026. Funds in ASBA applications will be unblocked by January 14, 2026. The listing application has been filed with BSE and NSE, with listing approvals expected by January 16, 2026. The credit of rights equity shares to demat accounts is scheduled for January 16, 2026, and trading is expected to commence on or about January 20, 2026.

The company also announced that the extinguishment of Rights Entitlements was completed on January 16, 2026.