Hittco Tools Allots 4,45,000 Shares Via Preferential Issue; Seeks Trading Approval
Hittco Tools Ltd has completed the allotment of 4,45,000 equity shares through a preferential issue, effective March 28, 2026. The company has reportedly submitted an application seeking trading approval for these shares.The shares were allotted pursuant to a preferential issue, with the company confirming that all necessary internal provisions were adhered to regarding the transaction.
The details of the equity share allotment are as follows:
| Parameter | Detail |
|---|---|
| Date of Allotment | 28.03.2026 |
| Number of Shares Allotted | 4,45,000 Equity Shares |
| Face Value Per Share | ₹10 |
| Issue Price Per Share | ₹13.92 |
| Total Issue Size | ₹61,94,400 |
| Distinctive Numbers | 6729148 to 7174147 |
Stock Price Movement
Hittco Tools Ltd settled Wednesday at ₹10.50, ticking up 7.69% in after-hours trading. Throughout the session, the shares saw a wide range, fluctuating between a low of ₹9.00 and a high of ₹10.69.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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