ImportantCommittee Meeting Updates
Hilton Metal Forging's Board has approved the allotment of 1.68 crore (16,770,000) Rights Equity Shares.
Hilton Metal Forging LimitedHILTON · Filed with the exchange
These shares, with a face value of ₹10 each, were issued to eligible shareholders at ₹16.68 per share, which includes a premium of ₹6.68. This allotment is a key outcome of the company's Rights Issue.
Consequently, the company's paid-up equity share capital has increased from approximately ₹34.70 Cr (34,69,65,510) to about ₹51.47 Cr (51,46,65,510). This change reflects the successful capital raise and its direct impact on the company's financial structure.
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