Hilton Metal Forging Limited has announced the successful completion of its rights issue with the allotment of 1,67,70,000 rights equity shares on April 6, 2026. The company's Board of Directors approved the allotment following the basis of allotment finalized in consultation with the National Stock Exchange of India Limited, which served as the designated stock exchange for the issue.

Rights Issue Details

The rights equity shares were allotted to eligible equity shareholders at an issue price of ₹16.68 per share. Each share carries a face value of ₹10, with the issue price including a share premium of ₹6.68 per rights equity share. The allotment process was conducted in accordance with the Letter of Offer dated February 28, 2026.

Impact on Share Capital

The rights issue allotment has resulted in a significant expansion of the company's equity base. The paid-up equity share capital has increased substantially following the successful completion of the rights issue.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both BSE Limited and the National Stock Exchange of India Limited about the outcome of the Rights Issue Committee Meeting and the subsequent allotment.

The company has made the details of the rights issue allotment available on its official website at www.hiltonmetal.com for stakeholder reference. The allotment was signed off by Yuvraj Hiralal Malhotra, Managing Director of Hilton Metal Forging Limited, with the digital signature dated April 6, 2026.

Hilton Metal Forging Limited successfully conducted its Extraordinary General Meeting (EGM) on March 26, 2026, addressing the increase in authorized share capital through virtual participation. The meeting achieved overwhelming shareholder support with 99.64% votes in favor of the proposed resolution.

Meeting Structure and Participation

The EGM commenced at 12:00 P.M. (IST) with Chairman and Managing Director Yuvraj Malhotra presiding over the proceedings. The meeting was conducted in accordance with applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

Board and Management Attendance

The meeting witnessed comprehensive participation from the company's leadership team. All directors attended the EGM through video conferencing from their respective locations, ensuring complete board representation during the proceedings.

Key attendees included:

• Ms. Himanshi Mota, Independent Director and Chairman of Stakeholders Relationship Committee
• Mr. Amit Pathak, Independent Director and Chairman of Audit Committee and Nomination & Remuneration Committee
• Mr. Rakesh Khajuria, Independent Director
• Mr. Suryakant Mayani, Non-Executive Non-Independent Director
• Mr. Vishal Jain, Non-Executive Non-Independent Director
• Ms. Richa Shah, Company Secretary & Compliance Officer
• Mr. Mohak Malhotra, Chief Financial Officer

Voting Results and Resolution Details

The primary business agenda focused on the increase in authorized share capital and alteration of the capital clause of the Memorandum of Association. The resolution was classified as an ordinary resolution and received overwhelming support from shareholders.

E-Voting Process and Compliance

The company implemented a comprehensive e-voting system to facilitate member participation. Ms. Shreya Shah, Practicing Company Secretary (ACS 39409/CoP No.15859), was appointed as Scrutinizer to supervise the e-voting process and provide a combined report on voting results.

The remote e-voting facility was available from March 23, 2026 at 09:00 A.M. (IST) and ended on March 25, 2026 at 5:00 P.M. (IST). Additionally, shareholders present at the EGM through video conferencing who had not cast their votes earlier were provided with e-voting facility during the meeting.

Shareholder Engagement and Conclusion

The meeting facilitated active shareholder participation, with 5 speaker shareholders raising questions during the proceedings. Chairman Yuvraj Malhotra addressed all queries, demonstrating the company's commitment to transparent communication with its stakeholder community.

The Chairman concluded the meeting by expressing appreciation and gratitude to all stakeholders for their continued trust and confidence in the company. The voting results and Scrutinizer's Report have been disclosed to stock exchanges in compliance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.