Hilton Metal Forging Publishes Pre-Issue Advertisement for ₹31.99 Crore Rights Issue

2 min read     Updated on 03 Dec 2025, 08:01 PM
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Reviewed by
Shriram SScanX News Team
Overview

Hilton Metal Forging Limited has published pre-issue newspaper advertisements for its ₹31.99 crore rights issue across three newspapers on December 31, 2025. The rights issue maintains its structure of 1,12,96,551 equity shares at ₹28.32 per share in a 14:29 ratio, with the issue opening on January 5, 2026, and closing on January 12, 2026.

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Hilton Metal Forging Limited has published pre-issue newspaper advertisements for its ₹31.99 crore rights issue on December 31, 2025. The company filed this notification under Regulation 30 of SEBI Listing Regulations, confirming the publication of advertisements in Financial Express, Jansatta, and Pratahkal newspapers.

Rights Issue Structure Remains Unchanged

The fundamental structure and pricing of the rights issue continue as originally announced:

Rights Issue Parameters: Details
Total Shares to be Issued: 1,12,96,551 equity shares
Issue Price: ₹28.32 per share (including premium)
Total Amount: ₹31,99,18,324.32
Face Value: ₹10 per equity share
Entitlement Ratio: 14:29 (14 rights shares for every 29 existing shares)

Current Rights Issue Timeline

The board has approved the rights issue period with the following schedule:

Key Dates: Current Schedule
Record Date: Friday, December 26, 2025
Rights Issue Opening: Monday, January 05, 2026
On-market Renunciation Start: Monday, January 05, 2026
On-market Renunciation End: Wednesday, January 07, 2026
Off-market Renunciation End: Friday, January 09, 2026
Rights Issue Closing: Monday, January 12, 2026

Timeline Evolution History

The company has made multiple adjustments to the rights issue schedule:

Timeline Parameter: Original Date First Revision Latest Revision
On-market Renunciation End: Thursday, January 08, 2026 Friday, January 09, 2026 Wednesday, January 07, 2026
Off-market Renunciation End: Not specified Not specified Friday, January 09, 2026
Rights Issue Closing: Sunday, January 11, 2026 Monday, January 12, 2026 Monday, January 12, 2026

Pre-Issue Advertisement Details

The pre-issue advertisement was published on December 31, 2025, in three newspapers as required by SEBI regulations. The advertisement contains comprehensive details about the rights issue, including application procedures, ASBA facility information, and investor guidelines. The company has made the advertisement available on its website at www.hiltonmetal.com .

Share Capital Impact

Upon full subscription, the rights issue will substantially expand the company's equity base:

Share Capital Structure: Before Rights Issue After Rights Issue
Outstanding Equity Shares: 2,34,00,000 3,46,96,551
Increase in Share Count: - 48.29%
Additional Capital Raised: - ₹31.99 crore

Key Application Guidelines

The rights issue follows SEBI's mandatory ASBA (Application Supported by Blocked Amount) process. All applications must be submitted in dematerialized form only. The company has received in-principle approvals from BSE and NSE for listing the rights equity shares. South Indian Bank serves as the banker to the issue, while Purva Sharegistry (India) Private Limited acts as the registrar.

The company maintains compliance with all SEBI regulations and applicable circulars under the Companies Act, 2013. The rights issue materials have been dispatched to eligible equity shareholders through email and registered post/courier on December 28, 2025.

Historical Stock Returns for Hilton Metal Forging

1 Day5 Days1 Month6 Months1 Year5 Years
+0.21%-6.93%-7.01%-46.29%-66.06%+173.76%
Hilton Metal Forging
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Hilton Metal Forging Promoter Boosts Stake Through Off-Market Deal

1 min read     Updated on 21 Nov 2025, 11:36 AM
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Reviewed by
Ashish TScanX News Team
Overview

Yuvraj Hiralal Malhotra, a promoter of Hilton Metal Forging Limited, has increased his stake in the company through an off-market transaction. On November 19, 2025, Malhotra acquired 2,42,790 shares, raising his shareholding from 5.47% to 6.51%. This represents a 1.04% increase in his stake. The transaction was disclosed in compliance with SEBI regulations to both BSE and NSE, where the company is listed. The total equity share capital of Hilton Metal Forging remains at 2,34,00,000 shares with a face value of Rs. 10 each.

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Hilton Metal Forging Limited , a company listed on both the BSE and NSE, has seen a significant change in its promoter shareholding. Yuvraj Hiralal Malhotra, a promoter of the company, has increased his stake through an off-market transaction.

Key Details of the Transaction

Aspect Details
Acquirer Yuvraj Hiralal Malhotra
Number of Shares Acquired 2,42,790
Mode of Acquisition Off-Market
Date of Acquisition November 19, 2025
Previous Shareholding 5.47%
New Shareholding 6.51%
Increase in Shareholding 1.04%

Impact on Shareholding Structure

The off-market transaction has resulted in a notable increase in Yuvraj Hiralal Malhotra's stake in Hilton Metal Forging Limited. Prior to this acquisition, Malhotra held 12,80,742 shares, representing 5.47% of the company's total share capital. Following the purchase of an additional 2,42,790 shares, his holding has increased to 15,23,532 shares, which now accounts for 6.51% of the company's equity.

Regulatory Compliance

This transaction was disclosed in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was made to both the BSE Limited and the National Stock Exchange of India Limited, where the company's shares are listed.

Company Share Capital

The total equity share capital of Hilton Metal Forging Limited remains unchanged at 2,34,00,000 equity shares with a face value of Rs. 10 each. This transaction does not affect the company's overall share capital structure.

The off-market nature of this transaction suggests a strategic move by the promoter to increase his stake in the company. Such actions by promoters are often viewed as a sign of confidence in the company's prospects, although investors should always conduct their own research and consider multiple factors when making investment decisions.

Historical Stock Returns for Hilton Metal Forging

1 Day5 Days1 Month6 Months1 Year5 Years
+0.21%-6.93%-7.01%-46.29%-66.06%+173.76%
Hilton Metal Forging
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