HITTCO Tools Limited's Board of Directors held a meeting on 15th July, 2026 at their Registered Office in Bengaluru. The meeting commenced at 3:00 PM IST and concluded at 3:15 PM IST.

Key Decisions Approved:

1. Increase in Authorised Share Capital

  • Approved increase from existing ₹15,00,00,000 (Rupees Fifteen Crore) divided into 1,50,00,000 (One Crore Fifty Lakh) Equity Shares of ₹10 each
  • To be increased to ₹35,00,00,000 (Rupees Thirty-Five Crore) divided into 3,50,00,000 (Three Crore Fifty Lakh) Equity Shares of ₹10 each
  • Creation of 2,00,00,000 (Two Crore) additional Equity Shares of ₹10 each
  • Subject to approval of shareholders and Securities and Exchange Board of India

2. Alteration of Memorandum of Association

  • Approved alteration of Clause V of the Memorandum of Association to reflect the increased Authorised Share Capital
  • Subject to approval of Members

3. Postal Ballot Process

  • Approved draft Postal Ballot Notice with Explanatory Statement pursuant to Section 102 of the Companies Act, 2013
  • Fixed Friday, 10th July, 2026 as Cut-off Date for determining eligibility of Members
  • Appointed CS Manjeet, Proprietor of Manjeet & Associates (Practising Company Secretary, Membership No. 11588) as Scrutinizer
  • Appointed Central Depository Services (India) Limited (CDSL) as agency for Remote E-voting facility

4. Remote E-voting Schedule

  • Commencement: Thursday, 16th July, 2026 at 9:00 AM IST
  • End: 14th August, 2026 at 5:00 PM IST
  • Results Declaration: On or before Tuesday, 18th August, 2026

5. Authorization

  • Authorized Mr. Surendra Bhandari, Managing Director (DIN: 00727912) to:
  • Issue and dispatch Postal Ballot Notice to Members
  • Submit necessary disclosures and intimations to BSE Limited and other regulatory authorities
  • Execute and file all necessary forms, applications and documents
  • Take all incidental and consequential actions for completion of Postal Ballot process

The disclosure is made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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