Latest news about Hittco Tools
Hittco Tools
10.25
-0.24(-2.29%)
Company Performance:
View Company Insights1D-2.29%
1M-6.82%
6M-25.99%
1Y-19.73%
5Y+146.99%
More news about Hittco Tools
07Apr 26
Hittco Tools Limited Files SEBI Compliance Certificate for Q4 FY26
Hittco Tools Limited submitted its quarterly compliance certificate under SEBI Regulation 74(5) for Q4 FY26 ended March 31, 2026. The certificate, issued by registrar Cameo Corporate Services Limited, confirms proper processing of dematerialized securities and adherence to regulatory timeframes. Managing Director Surendra Bhandari filed the certificate with BSE Limited on April 7, 2026, fulfilling mandatory quarterly compliance requirements.
07Apr 26
Hittco Tools Limited Declares Non-Applicability of Large Corporate Framework for FY26
Hittco Tools Limited has declared to BSE that it does not qualify as a Large Corporate under SEBI framework for FY26. The declaration, signed by Managing Director Surendra Bhandari on April 2, 2026, ensures compliance with SEBI circulars related to debt securities issuance by large entities. The company confirmed it does not meet the applicability criteria for the financial year ended March 31, 2026.
02Apr 26
HITTCO Tools Limited Confirms No Non-Convertible Securities Issued for FY26
HITTCO Tools Limited submitted its compliance confirmation to BSE Limited under SEBI LODR Regulation 57(5) for FY26 ending March 31, 2026. The company confirmed no non-convertible securities were issued during the period, making interest and principal payments on NCDs or bonds not applicable. Additionally, HITTCO Tools reported no unpaid interest or principal obligations related to non-convertible securities at year-end. The compliance letter was signed by Managing Director Surendra Bhandari and submitted on April 2, 2026.
02Apr 26
Hittco Tools Files Annual SEBI SAST Disclosure Confirming Promoter Holdings
Hittco Tools Limited submitted its annual disclosure under SEBI SAST regulations on April 2, 2026, confirming the promoter group's collective holding of 28.37% representing 18,73,891 shares. The disclosure filed by Managing Director Surendra Bhandari provides detailed shareholding patterns and confirms no encumbrances on securities held by the promoter group.
21Mar 26
HITTCO TOOLS Board Meeting Set for March 28 to Finalize Share Allotment Process
HITTCO TOOLS LIMITED has announced a board meeting for March 28, 2026, to finalize the allotment of 4,45,000 equity shares at ₹13.92 per share following BSE's in-principle approval. The company will implement trading window closure during the meeting period and must complete post-allotment formalities including listing application submission within regulatory timelines.
17Feb 26
Hittco Tools Limited Issues Corrigendum for Preferential Share Issue Worth ₹61.94 Lakh
Hittco Tools Limited issued a corrigendum for its preferential share issue of 4,45,000 equity shares at ₹13.92 per share, raising ₹61,94,400. Promoter Yashvardhan Bhandari will subscribe to 2,95,000 shares while Shreyans Bhandari will take 1,50,000 shares. Proceeds will fund business expansion (₹41,06,000) and general corporate purposes (₹20,88,400) within 24 months. The postal ballot voting concludes on 18.02.2026.
14Feb 26
HITTCO TOOLS LIMITED Board Approves Q3 FY26 Unaudited Financial Results
HITTCO TOOLS LIMITED's Board of Directors approved unaudited standalone financial results for the quarter ended December 31, 2025, during a meeting held on February 14, 2026. The session also covered related party transactions under the Companies Act, 2013. The company will publish financial results extracts in newspapers as per regulatory requirements, while the trading window remains closed due to an ongoing preferential allotment process.
19Jan 26
Hittco Tools Limited Enters ₹9.95 Lakh Monthly Machinery Rental Agreement with Promoter Group
Hittco Tools Limited has entered into a 5-year machinery rental agreement with promoter group entity Hittco Industries Private Limited, effective January 19, 2026. The agreement involves monthly rental payments of ₹9.95 lakh for manufacturing equipment aimed at enhancing production capacity and operational efficiency. The company disclosed this material related party transaction under SEBI regulations, emphasizing its strategic importance for improving capacity utilization and operational performance.
19Jan 26
Hittco Tools Board Approves Preferential Allotment of 4.45 Lakh Shares and Key Corporate Actions
Hittco Tools Limited's board meeting on January 19, 2026, resulted in approval of preferential allotment of 4,45,000 equity shares at ₹13.92 per share, distributed between promoter and non-promoter categories. The company forfeited 2,47,600 partly paid shares due to non-payment of call money and appointed Mr. Ranjan Kotekar as Additional Independent Director. Additionally, the board approved a five-year machinery rental agreement with related party Hittco Industries Private Limited for ₹9,95,000 annually to enhance production capacity.
19Jan 26
Hittco Tools Board Approves Preferential Allotment of 4.45 Lakh Equity Shares and Share Forfeiture
Hittco Tools Limited's board meeting on January 19, 2026, resulted in approval of preferential allotment of 4,45,000 equity shares at ₹13.92 per share to promoter and non-promoter categories, forfeiture of 2,47,600 partly paid shares due to non-payment, and appointment of Mr. Ranjan Kotekar as Additional Independent Director. The company also entered into a five-year machinery rental agreement worth ₹9,95,000 annually with promoter group entity Hittco Industries Private Limited.
19Jan 26
Hittco Tools Limited Issues Postal Ballot Notice for ₹61.94 Lakh Preferential Share Allotment
Hittco Tools Limited has issued a postal ballot notice for preferential allotment of 4,45,000 equity shares at ₹13.92 per share, raising ₹61.94 lakhs for promoter Yash Vardhan Bhandari (2,95,000 shares) and non-promoter Shreyans Bhandari (1,50,000 shares). Remote e-voting is scheduled from January 20-February 18, 2026, with funds intended for working capital, expansion, and debt repayment while complying with SEBI ICDR Regulations.
19Jan 26
Hittco Tools Board Approves Preferential Share Allotment and Forfeits 2.47 Lakh Shares
Hittco Tools Limited's board meeting on January 19, 2026, approved preferential allotment of 4.45 lakh equity shares at ₹13.92 per share to promoter and non-promoter categories, subject to regulatory approvals. The company forfeited 2.47 lakh partly paid shares due to non-payment of call money and appointed Mr. Ranjan Kotekar as Additional Independent Director. Additionally, the board entered into a 5-year machinery rental agreement with related party Hittco Industries Private Limited for ₹9.95 lakh annually.
13Jan 26
Hittco Tools Limited Confirms Non-Applicability of Corporate Governance Requirements for Q3FY26
Hittco Tools Limited has notified BSE that corporate governance requirements under SEBI (LODR) Regulations, 2015 are not applicable for Q3FY26 due to its paid-up capital of ₹6.04 crores and net worth of ₹3.41 crores, both falling below regulatory thresholds. The company is therefore exempt from submitting corporate governance reports under Regulation 27(2). Additionally, the company's registrar reported zero investor complaints for the October-December 2025 quarter, maintaining a clean grievance record.
14Nov 25
Hittco Tools Forfeits 2.47 Lakh Equity Shares Due to Non-Payment
Hittco Tools Limited has forfeited 2,47,600 equity shares due to non-payment of call money. The decision, approved by the Board on November 14, 2025, affects partly paid-up shares with a face value of ₹10 each. Foresight Financial Services Ltd and Sumasian Investments are the affected shareholders. The company states the forfeiture complies with regulatory requirements and will update its records accordingly. This action follows Hittco Tools' recent financial report showing a net loss of ₹24.55 lakh for the quarter ended September 30, 2025.
14Nov 25
Hittco Tools Reports Q2 FY2026 Loss, Relocates Operations
Hittco Tools Limited reported a net loss of Rs 24.55 lakh for Q2 FY2026, improving from Rs 48.83 lakh loss in Q2 FY2025. Revenue decreased by 45.03% to Rs 204.65 lakh. The company relocated its registered office and factory to Bangalore. Total assets stood at Rs 822.68 lakh with a debt-to-equity ratio of 1.86. The board approved Q2 results and forfeited 2,47,600 partly paid-up equity shares.
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