Hilton Metal Forging Revises Rights Issue Dates, Closing Jan 12
Hilton Metal Forging Limited has issued a clarification regarding the dates for its upcoming rights issue. The company announced that due to a clerical error, the dates for the 'On-market renunciation...
Limitations of AI summaries
AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.
Platforms like Prysm provide stock-level and portfolio-level analysis.
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 clarification of dates due to a clerical error and does not introduce new positive or negative financial information.
AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
Hilton Metal Forging Revises Rights Issue Dates, Closing Jan 12
December 21, 2025, 12:23 PM
Hilton Metal Forging Limited has issued a clarification regarding the dates for its upcoming rights issue. The company announced that due to a clerical error, the dates for the 'On-market renunciation period end' and 'Rights Issue Closing Date' were incorrectly stated in a previous outcome dated December 20, 2025. The corrected dates for these events are now Friday, January 9, 2026, for the end of the renunciation period and Monday, January 12, 2026, for the Rights Issue Closing Date. The company has apologized for any inconvenience caused by this inadvertent error.
The rights issue aims to raise ₹31.99 crore by issuing 1,12,96,551 equity shares at an issue price of ₹28.32 per share. The record date for determining eligible shareholders is Friday, December 26, 2025. Eligible shareholders will receive 14 rights equity shares for every 29 fully paid-up equity shares held. The rights issue period will commence on Monday, January 5, 2026, with the opening date and the start of the on-market renunciation period. The post-rights issue equity shares will increase to 3,46,96,551, assuming full subscription. The company has made arrangements with NSDL and CDSL for crediting rights entitlements in dematerialized form.
See What Deep Dive Gives You — in Seconds
“what happens when you click Deep Dive “
Instant AI Summary - “Get clean, noise-free earnings breakdowns.”
PDF Insights - “Download detailed, AI-generated reports.”
Metrics Explained - “Key ratios & trends explained in simple language.”
Want to know if this news pushes your stock up or down?
Just tap