🔍 Hitech Corporation Ltd's Delisting Proposal - Key Insights - Initial Public Announcement from Geetanjali Trading expresses intent to acquire 25.57% (43,91,220 shares) of public shareholding at ₹353 per share. - Floor price for delisting set at ₹252 per share as per SEBI regulations. - Due dilig…
🔄 Hitech Corp Revises Peer Review for Delisting Process - Hitech Corporation Ltd revised its appointment of a Peer Review Company Secretary. - Initially hired M/s. Robert Pavrey & Associates LLP, but they became unavailable for due diligence. - New appointee: Mrs. Prerana Jadhav (Peer Review No. …
🚀 Hitech Corp May Delist: Board to Consider Offer at 40% Premium - Board meeting on June 9, 2026 to evaluate voluntary delisting proposal - Promoter group entity Geetanjali Trading offers ₹353/share (40.08% above SEBI floor price of ₹252) - Proposal includes buying all public shares - Board to re…
Hitech Corp Sets Floor Price for Voluntary Delisting at ₹252 per Share 📉 - Floor Price for voluntary delisting set at ₹252 per equity share. - Indicative Offer Price proposed at ₹353 per share, higher than the Floor Price. - Valuation based on Adjusted Book Value (ABV) method & 60-day VWAP (₹148.…
Hitech Corporation’s FY2026 Compliance Report: Key Takeaways 📊✅ • Submitted Annual Secretarial Compliance Report for FY March 31, 2026. • Minor delay (2 days) in filing one certificate, corrected after BSE query. • Directors qualified under Section 164 with no disqualifications. • Complied with S…
📢 Hitech Corporation Ltd Announces Voluntary Delisting Proposal - Initial Public Announcement (IPA) issued by Kreo Capital Private Limited on behalf of Geetanjali Trading and Investments Private Limited (Acquirer). - Voluntary delisting proposed from both BSE and NSE. - Proposal involves acquirin…
📅 Hitech Corp Board Meeting: Financial Results & Dividend Consideration - Board meeting scheduled for May 20, 2026 to approve Audited Standalone and Consolidated Financial Results for Q4 and FY ending March 31, 2026. - Dividend recommendation for FY2026 will also be considered. - Trading window c…
Hitech Corp Announces Key Leadership Changes 👔 - Mr. Girish Haganoor appointed President of Thriarr Polymers Private Limited (wholly owned subsidiary) effective May 07, 2026. - Mr. Ravi G. Balasubramanian elevated to President and Senior Management Personnel effective May 08, 2026. - Mrs. Mugdha …
📊 Hitech Corporation Re-appoints Mehernosh Mehta as Whole-Time Director - Mr. Mehernosh Mehta re-appointed as Whole-Time Director for 1 year, effective March 17, 2026 - Re-appointment approved by shareholders via Postal Ballot, results announced March 27, 2026 - Holds B.E. in Electrical Engineeri…
📊 Hitech Corp Shareholders Vote to Re-Appoint Director - Mr. Mehernosh Mehta (DIN: 00372340) re-appointed as Whole Time Director for 1 year. - E-voting period: February 24, 2026 (9:00 a.m.) to March 25, 2026 (5:00 p.m.) IST. - Resolution passed with 99.9956% votes in favor and 0.0044% against. - …
📋 Hitech Corp Seeks Shareholder Approval for Director Re-appointment - Re-appointment of Mr. Mehernosh Mehta (DIN: 00372340) as Whole Time Director from March 17, 2026, to March 16, 2027. - Proposed annual remuneration for FY 2026-27 is ₹35,63,316 (gross salary: ₹27,21,828; perquisites/allowances…
Hitech Corp Q3 FY26 Results: Revenue Growth Amid Net Loss 📊 • Standalone Q3 revenue: ₹13,153.75 lakhs with net loss of ₹326.61 lakhs • Standalone nine-month revenue: ₹43,263.96 lakhs with net profit of ₹164.50 lakhs • Consolidated Q3 revenue: ₹14,511.54 lakhs with net loss of ₹261.70 lakhs • Cons…
📅 Hitech Corporation Ltd Board Meeting Set for February 10, 2026 - Board meeting scheduled for February 10, 2026 - Audited standalone and consolidated financial results for Q3 (ended December 31, 2025) to be considered and approved - Trading window currently closed; will reopen 48 hours after res…
Hitech Corp Hit with ₹1.85 Cr Stamp Duty Demand – Appeals Planned ⚖️ - Hitech Corporation Limited received an order from Gandhinagar authorities on August 05, 2025. - The order demands ₹26,49,156 in stamp duty and ₹1,58,94,936 as a fine for a slump sale agreement dated May 30, 2006. - The slump sa…