StockFin.ai
NewsScreensInsightsPricing
/
Sign inTry Free
SF
New ChatNewsInsightsScreenerPricing
Sign In
NewsScreensChatSign In

Tools

Search Companies
News & Filings
Insights & Articles
FeaturesComing Soon
Pricing
Home โ€บ News โ€บ HITECHCORP โ€บ Offer Document

Hitech Corporation Ltd (HITECHCORP) โ€” Offer Document | 29 September 2026

29 September 2026 ยท BSE ๐Ÿ”ด High Importance Neutral
By StockFin Research Teamโ€ขAI-Assisted Analysisโ€ขSource: BSE/NSE Filings
๐Ÿ“ข Key Event
Hitech Corporation Limited received a Letter of Offer for voluntary delisting of its equity shares from BSE and NSE.
๐Ÿ”„ What Changed
The company disclosed receipt of a formal delisting offer from its promoter group via Kreo Capital, initiating a reverse book-building process to acquire public shares and delist from stock exchanges.
๐Ÿ”ฎ What's Next
The LOF specifies bid opening on October 7, 2026, and closing on October 13, 2026, with payment and delisting contingent on achieving 90% acceptance of offered shares.
๐Ÿ’ก Investor Takeaway
Routine procedural filing with no direct impact on shareholders.

Hitech Corporation Limited disclosed receipt of a Letter of Offer (LOF) dated September 29, 2026, from Kreo Capital Private Limited, acting as manager for Geetanjali Trading and Investments Private Limited (Acquirer), to voluntarily delist its equity shares from BSE and NSE. The LOF outlines a reverse book-building delisting offer where public shareholders can tender shares at a floor price of โ‚น252 and an indicative price of โ‚น353 per share. The bid period runs from October 7 to October 13, 2026, with settlement and payment contingent on achieving 90% acceptance. Key risks include potential delays, no assurance of future performance, and tax implications for shareholders. The filing confirms regulatory approvals and escrow account setup with [amount not verified] deposited.

๐Ÿ“„ View Original Announcement (PDF)

๐Ÿ“Š Stock Analysis โ€” HITECHCORPโœจ Ask AI About This

About Hitech Corporation Ltd (HITECHCORP)

Capital Goods ยท Packaging ยท Listed on BSE

Market Cap: โ‚น587.49 CrP/E: 33.5ROE: 6.2%ROCE: 9.7%Div Yield: 0.29%

View full HITECHCORP stock details โ†’

๐Ÿ“ก Get AI alerts when HITECHCORP files next

Free โ€ข Daily 5 PM digest โ€ข Track filings, board meetings, and corporate actions

Track HITECHCORP โ€” Free

๐Ÿ’ก Ask AI about this filing

"What is the expected timeline for delisting completion after the bid period ends?""How will the exit price be determined if the discovered price exceeds the indicative price?""What happens to shareholders who tender shares but the offer fails to reach 90% acceptance?"
Ask AI Free โ†’

๐Ÿ“Š More HITECHCORP filings

  • Announcement โ€” 28 September 2026Hitech Corporation disclosed a Detailed Public Announcement regarding a delisting offer by Geetanjal...
  • ๐Ÿ”ด Announcement โ€” 25 September 2026Hitech Corporation announced it received in-principle approval from BSE and NSE for voluntary delist...
  • ๐ŸŸก Board Meeting โ€” 24 September 2026Hitech Corporation held its 35th AGM on 24 September 2026 via video conference, approving audited st...
  • ๐ŸŸก Board Meeting โ€” 8 September 2026Hitech Corporation Limited announced a voluntary delisting update following board approval on June 9...
  • ๐Ÿ”ด Annual Report โ€” 2 September 2026Hitech Corporation disclosed that shareholders who have not registered their email addresses with th...
See all HITECHCORP filings โ†’

๐Ÿ”ฅ Also filed on 29 September 2026

PFOCUSPrime Focus LtdAnnouncementAPOLLOApollo Micro Systems LtdAnnouncementADANIPORTSAdani Ports & Special Economic Zone LtdAnnouncementADANIPOWERAdani Power LtdAnnouncementADANIENTAdani Enterprises LtdAnnouncementMCXMulti Commodity Exchange of India LtdAnnouncement
View all today's announcements โ†’

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only โ€” not investment advice.

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

๐Ÿ“ก Get AI alerts when HITECHCORP files new disclosures

Track HITECHCORP filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track HITECHCORP โ€” Free

Free account ยท 2 AI queries/day

ยฉ 2026 StockFin.ai is not a SEBI-registered advisor. For informational purposes only.

Data provided by CMOTS Internet Technologies Pvt Ltd

AboutPrivacy PolicyTerms of ServicePricing

Latest News

View all โ†’
Bhageria Industries Ltd

CARE Ratings reaffirms Bhageria Industries' bank facility rating at CARE A with stable outlook

30 SeptBHAGERIA
Read more โ†’
East India Drums & Barrels Manufacturing Ltd

Company incorporates 80% owned subsidiary in Sri Lanka

30 Sept523874
Read more โ†’
Tusaldah Limited

Company presented its corporate structure transition to investors

30 Sept531301
Read more โ†’
Vedanta Ltd

Board approves allotment of โ‚น2,000 crore non-convertible debentures

30 SeptVEDL
Read more โ†’
T T Ltd

Promoter group acquired 697,248 shares via open market purchases

30 SeptTTL
Read more โ†’
Vedanta Ltd

Board approves allotment of โ‚น2,000 crore non-convertible debentures

30 SeptVEDL
Read more โ†’
Jindal Stainless Ltd

Promoter group entity acquires 834,233 shares via open market

30 SeptJSL
Read more โ†’
Almondz Global Securities Ltd

Promoter Navjeet Singh Sobti acquired 95,690 shares of Almondz Global Securities Ltd via open market on September 29, 2026.

30 SeptALMONDZ
Read more โ†’
Sunflag Iron & Steel Company Ltd

Company clarified price movement is market-driven with no undisclosed material information

30 SeptSUNFLAG
Read more โ†’
NINtec Systems Ltd

NINtec Systems receives SMERA SME 1 rating

30 SeptNINSYS
Read more โ†’
Coforge Ltd

Coforge felicitated at ET Edge Best Tech Brands 2026

30 SeptCOFORGE
Read more โ†’
Fermenta Biotech Ltd

Promoter sells 3.96% stake in Fermenta Biotech via open market

30 SeptFERMENTA
Read more โ†’
IZMO Ltd

Promoter group member acquires 9.99% stake via gifted shares

30 SeptIZMO
Read more โ†’
LTM Ltd

LTM's clients honored with ISG Paragon Awards 2026

30 SeptLTM
Read more โ†’
IZMO Ltd

Promoter group member acquires 4.99% stake via inter-se share transfer.

30 SeptIZMO
Read more โ†’
Shreyas Intermediates Ltd

Aegis Investment Fund PCC sold 15.62 lakh shares of Shreyas Intermediates Ltd on BSE

30 Sept526335
Read more โ†’
Adani Enterprises Ltd

Multiple insider share transactions disclosed by Adani Enterprises on September 30, 2026

30 SeptADANIENT
Read more โ†’
Sundrop Brands Ltd

Sundrop Brands receives GST show cause notice from UP authorities

30 SeptSUNDROP
Read more โ†’
Antariksh Industries Ltd

Promoter sells entire stake in Antariksh Industries via off-market transaction

30 Sept501270
Read more โ†’
Jet Freight Logistics Ltd

Promoter group receives 37,06,665 shares via warrant conversion.

30 SeptJETFREIGHT
Read more โ†’