Key Transaction Details

  • Target Company: Hitech Corporation Limited (Scrip Code: 526217, Symbol: HITECHCORP, ISIN: INE120D01012)
  • Acquirer: Geetanjali Trading and Investments Private Limited, a member of the Promoter/Promoter Group of Hitech Corporation Limited
  • Date of Acquisition: 23rd October 2026
  • Number of Shares Acquired: 30,09,593 equity shares of face value ₹10 each
  • Percentage Acquired: 17.52% of total share/voting capital
  • Mode of Acquisition: Acquisition from public shareholders pursuant to Voluntary Delisting Offer under SEBI (Delisting of Equity Shares) Regulations, 2021

Ownership Structure Changes

Before Acquisition (Acquirer only):

  • Shares carrying voting rights: 1,18,69,295 (69.11%)
  • Total holding (including all instruments): 1,18,69,295 (69.11%)

After Acquisition (Acquirer only):

  • Shares carrying voting rights: 1,48,78,888 (86.63%)
  • Total holding (including all instruments): 1,48,78,888 (86.63%)

Promoter Group Holding (Note):

  • Before acquisition: 1,27,84,480 (74.43%)
  • After acquisition: 1,57,94,073 (91.96%)

Capital Structure Information

  • Total Equity Shares: 1,71,75,700 equity shares of ₹10 each
  • Total Equity Capital: ₹17,17,57,000
  • The equity share capital and total voting capital remained unchanged before and after the acquisition at 1,71,75,700 shares
  • No outstanding convertible securities, warrants, or other instruments that would affect diluted share capital

Additional Details

  • Securities Acquired: Fully paid-up Equity Shares of face value ₹10
  • No encumbrances: Nil shares in the nature of encumbrance (pledge/lien/non-disposal undertaking/others) reported
  • No other instruments: Nil voting rights otherwise than by equity shares, nil warrants/convertible securities
  • Filing Date: 27th October 2026