Hitech Corporation Ltd (HITECHCORP) — Announcement | 30 September 2026

30 September 2026 · BSE 🔴 High Importance Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

Independent Directors Committee recommends voluntary delisting of Hitech Corporation shares

🔄 What Changed

Committee unanimously approved delisting recommendation after shareholder and regulatory approvals

🔮 What's Next

Delisting offer to be published in newspapers and available on company website

💡 Investor Takeaway

Routine procedural filing with no direct impact on shareholders.

Hitech Corporation Limited's Independent Directors Committee recommended voluntary delisting of its shares from BSE and NSE via a reverse book building process, offering up to 43,91,220 shares at a floor price of ₹252 and indicative price of ₹353 per share. The recommendation follows shareholder approval and regulatory compliance, with the offer to be published in major newspapers and made available online.

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About Hitech Corporation Ltd (HITECHCORP)

Capital Goods · Packaging · Listed on BSE

Market Cap: ₹587.49 CrP/E: 33.5ROE: 6.2%ROCE: 9.7%Div Yield: 0.29%

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"What is the current market price relative to the ₹353 indicative price?""How does the 25.57% share buyback size compare to free float?""What is the timeline for completing the reverse book building process?"

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📊 More HITECHCORP filings

🔴 Offer Document — 29 September 2026Hitech Corporation Limited disclosed receipt of a Letter of Offer (LOF) dated September 29, 2026, fr...
Announcement — 29 September 2026Hitech Corporation Limited has announced the closure of its insider trading window effective 1 Octob...
🔴 Announcement — 29 September 2026Hitech Corporation announced the formation of a five-member Committee of Independent Directors to ev...
Announcement — 28 September 2026Hitech Corporation disclosed a Detailed Public Announcement regarding a delisting offer by Geetanjal...
🔴 Announcement — 25 September 2026Hitech Corporation announced it received in-principle approval from BSE and NSE for voluntary delist...

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — 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.

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