Hitech Corporation Ltd

Hitech Corp Delisting Update: Key Details Investors Should Know 📉📊

- Kreo Capital proposes voluntary delisting of Hitech Corp shares

- Acquirer currently holds 74.43% (1,27,84,480 shares), seeks remaining public shares

- Indicative offer price: ₹353 per share (above lifetime high of ₹351.35)

- Delisting rationale: Low market cap (₹261.66 Cr) and free float (₹64.46 Cr)

- Process subject to shareholder approval (special resolution required)

- Acquirer confirms financial capability to fulfill obligations