Hitech Corporation Ltd

Hitech Corp Proposes Voluntary Delisting 🏷️ | Floor Price ₹252, Indicative ₹353

- Promoter group (Geetanjali Trading & Investments) proposes voluntary delisting to acquire all public shares.

- Promoter group holds 74.43% (1,27,84,480 shares); Acquirer holds 69.11% (1,18,69,295 shares).

- Public shareholders hold 25.57% (43,91,220 shares).

- Delisting rationale: Low free float liquidity, exit opportunity at fair price, reduced compliance costs.

- Floor Price: ₹252 per share; Indicative Price: ₹353 per share.

- E-voting period: June 11–July 10, 2026; results by July 14.

- Re-appointment of Mr. Malav Dani as MD with ₹63,00,000 annual salary.

- Appointment of Mr. Mehli Golvala as Independent Non-Executive Director for 5 years.