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

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.

Hilton Metal Forging Limited , a prominent player in the metal forging industry, has reported a significant increase in its quarterly profit for the second quarter of the fiscal year 2025-26. The company's board meeting, held on November 13, 2025, revealed impressive financial results and an important update on its fundraising plans.

Financial Performance

The company's financial results for the quarter ended September 30, 2025, showcase a remarkable improvement in profitability:

The profit after tax for Q2 FY26 stood at Rs 174.13 lacs, marking a substantial increase of 180.3% compared to Rs 62.12 lacs in the same quarter of the previous fiscal year. This significant growth in profitability indicates strong operational performance and improved market conditions for the company.

Revenue from operations for the quarter reached Rs 8,764.01 lacs. However, a year-on-year comparison for revenue is not available in the provided data.

Rights Issue Update

In a notable development, the Board of Directors discussed the company's plans for fundraising through a rights issue. However, after deliberation, they decided to postpone this initiative for further detailed discussion. The board suggested that a more comprehensive deliberation on this matter should take place in an upcoming meeting.

Board Meeting Details

The board meeting, which commenced at 5:00 PM and concluded at 9:10 PM on November 13, 2025, covered several important agenda items:

1. Approval of the Quarterly Standalone Financial Results for Q2 FY26
2. Discussion and postponement of the rights issue fundraising plan
3. Approval of the Limited Review Report for the quarter

The company has stated that the date for the upcoming board meeting, where the rights issue will be discussed in more detail, will be communicated in due course, in compliance with SEBI (LODR) Regulations, 2015.

Conclusion

Hilton Metal Forging Limited's strong financial performance in Q2 FY26 reflects positively on its operational efficiency and market position. The significant increase in profit after tax is particularly noteworthy. While the postponement of the rights issue may indicate a cautious approach to fundraising, it also suggests that the company is carefully considering its capital structure and growth strategies.

Investors and stakeholders will likely keep a close watch on the company's future announcements, particularly regarding the proposed rights issue and the continued trajectory of its financial performance in the coming quarters.