Hilton Metal Forging Ltd Approves Allotment of 1,67,70,000 Rights Equity Shares
On April 6, 2026, the Board of Directors of Hilton Metal Forging Ltd approved the allotment of 1,67,70,000 Rights Equity Shares on a Rights Basis to eligible equity shareholders. This action follows the Letter of Offer dated February 28, 2026, and aligns with the Basis of Allotment finalized in consultation with the NSE (Designated Stock Exchange) and the Registrar to the Issue.The allotment details specified that the rights equity shares have a face value of ₹10/- each, and the issue price was ₹16.68/- per Rights Equity Share. This issue price includes a share premium of ₹6.68/- per Rights Equity Share.
The successful allotment resulted in a modification of the Paid-up Equity Share Capital of the Company.
| Particulars | Number of shares | Face Value | Amount in Rs. |
|---|---|---|---|
| Paid-up share capital (Pre-Rights Issue) | 3,46,96,551 | 10 | 34,69,65,510/- |
| Paid-up share capital (Post-Rights Issue) | 5,14,66,551 | 10 | 51,46,65,510/- |
The Company's share listings were noted as follows:
- BSE Scrip Code: 532056
- NSE Scrip ID: HILTON
Hilton Metal Forging Ltd's works are located at Plot No. 1,2,3,15,16,17,20,21,25,26,28,29 & 30, Shah & Mehta Ind. Estate, Village Ghonsai, Tal. Wada, Dist. Palghar - 421 312.
HILTON Stock Price Movement
At the close of trade, shares of Hilton Metal Forging Limited are shedding momentum by 3.47% to settle at ₹20.86. The equity tracked through a day range spanning from ₹20.00 up to ₹21.90, backed by a robust volume of 1,445,662 shares.Source:
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