Hilltone Software and Gas director acquires 1,000 shares

Hital Shah, Whole Time Director of Hilltone Software and Gas , acquired 1,000 equity shares on June 3, 2026, increasing his stake in the company. The transaction represents 0.0079% of the equity share capital and was executed through a market purchase on the BSE.

The disclosure was made to the stock exchange on June 4, 2026, in compliance with Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The total value of the transaction was reported as ₹10,000.

Prior to this acquisition, Shah held 670,500 shares, constituting 5.09% of the company's shareholding. Following the purchase, his total holding has increased to 671,500 shares, which represents 5.10% of the equity share capital.

The company's compliance officer, Hinisha Patel, confirmed the filing. The shares were traded under the script code 544308 on the BSE.

Transaction Details

Particulars	Details
Name of the Person	Hital Shah (Whole Time Director)
Category	Director
Type of Instrument	Equity Shares
Date of Acquisition	June 3, 2026
Mode of Acquisition	Market Purchase
Securities Acquired	1,000
Value of Securities (₹)	10,000
Post-acquisition Holding	671,500 shares (5.10%)

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.86%	-1.61%	-4.34%	-40.93%	-14.95%	+129.60%

Hilltone Software & Gases Limited has reported the status of fund utilisation for proceeds raised through preferential issues for the quarter ended March 31, 2026. The company confirmed that there was no deviation or variation in the use of funds raised during the period. The disclosures were filed by Hital Shah, Whole-Time Director, detailing the deployment of capital across various business objectives.

Utilisation of August 2023 Issue

The company raised ₹8,31,66,000.00 on August 28, 2023, through a preferential issue. The entire amount has been fully utilised as of the reporting quarter. The funds were deployed across four primary heads: long-term working capital, business investment, repayment of loans, and issue expenses.

Sr.	Original Object	Funds Utilized	Remarks
1	Long-term Working Capital	32,86,700	Fully Utilized
2	Business Investment	6,05,33,488	Fully Utilized
3	Repayment of Loans	1,45,95,172	Fully Utilized
4	Issue Expenses	47,50,640	Fully Utilized

Utilisation of November 2025 Issue

A second preferential issue was conducted on November 29, 2025, raising ₹9,88,68,000. The company allocated these funds to its Gas Business, Engineering Division, and Software Division. As of March 31, 2026, a total of ₹5.05 crore has been utilised from this tranche, with no deviations from the original objects reported.

Sr.	Original Object	Original Allocation	Funds Utilised
1	Gas Business	2,16,00,000.00	98,00,000
2	Engineering Division	5,56,68,000.00	2,56,00,000
3	Software Division	2,16,00,000.00	1,51,00,000

The statement confirmed that the monitoring agency was not appointed for either issue, and the audit committee found no deviations requiring shareholder approval.