Hittco Tools has scheduled a Board of Directors meeting for September 11, 2026, to consider significant corporate actions including a potential name change and equity fundraising.

The Bangalore-based tool manufacturer will also evaluate the formation of a subsidiary in the United Arab Emirates. The agenda requires shareholder approval for most items, prompting the convening of an Extra-Ordinary General Meeting (EGM).

Key Agenda Items

The board is tasked with transacting several businesses under Regulation 29 of the SEBI LODR Regulations. The primary matters for consideration include:

• Alteration of the Main Object Clause in the Memorandum of Association (MOA).
• Raising funds through the issue of Equity Shares, Convertible Equity Warrants, or other securities.
• Approval of a change in the company’s name.
• Consequential alterations to the Articles of Association (AOA).
• Incorporation of a subsidiary in the UAE.

Regulatory Compliance

In accordance with SEBI LODR Regulations and the company’s code of conduct for fair disclosure, the trading window for insiders remains closed. The restriction began on September 8, 2026, and will remain in effect until the prescribed period following the conclusion of the board meeting expires.

The company has appointed a scrutinizer to conduct the voting process at the proposed EGM, ensuring compliance with applicable legal provisions.

Hittco Tools has scheduled its 32nd Annual General Meeting (AGM) for September 30, 2026. The meeting will address key governance matters, including the appointment of an Independent Director and the re-appointment of the Managing Director.

The Board of Directors approved the Directors' Report and Annual Report for the fiscal year ended March 31, 2026, in its meeting held on September 5, 2026. This approval was made in compliance with Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

AGM and Book Closure Details

The company has fixed the record date for e-voting as September 23, 2026. The Register of Members and Share Transfer Books will remain closed from September 24, 2026, to September 30, 2026, both days inclusive.

Remote e-voting will commence on September 27, 2026, at 9:00 am and conclude on September 29, 2026, at 5:00 pm. The 32nd AGM is scheduled for September 30, 2026, at 11:00 am via Video Conferencing or Other Visual Means.

Board Agenda

In addition to financial approvals, the board addressed governance matters including:

• Taking note of the Secretarial Audit Report for FY26.
• Approving the draft notice for the AGM.
• Determining dates for book closure and e-voting cut-off.
• Approving the appointment of a Scrutinizer for the e-voting process.

Special Resolutions

The AGM will transact special business items requiring shareholder approval:

• Appointment of Independent Director: Shareholders will vote on the appointment of Shri Ranjan Kotekar (DIN: 02964263) as an Independent Director. He was initially appointed as an Additional Director on January 19, 2026. The proposed term is five consecutive years, up to January 19, 2031.
• Re-appointment of Managing Director: The board seeks approval for the re-appointment of Mr. Surendra Bhandari as Managing Director for a period of five years. Mr. Bhandari attained the age of 70 years on March 3, 2026, necessitating shareholder consent under Section 196 of the Companies Act, 2013. His remuneration includes a basic salary of ₹65,000 per month and other perquisites up to ₹35,000 per month.

Ordinary Business

Ordinary business items include:

• Adoption of the audited financial statements for FY26 along with the reports of the Board of Directors and Auditors.
• Re-appointment of Mr. Sidharth Bhandari (DIN: 00237174) as a Director, who retires by rotation and is eligible for re-appointment.

Managing Director Surendra Bhandari issued the intimation on September 5, 2026, requesting the exchange to update its records in compliance with Regulation 42 of the SEBI LODR Regulations, 2015.