Hitech Corporation Ltd (HITECHCORP) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Hitech Corporation Ltd on NSE and BSE, with an AI summary of each filing.
Please find enclosed.
Others (Uncategorized) · 30 Oct 2026, 1:33 am
Promoter Group Acquires 17.52% Stake in Hitech Corporation via Delisting Offer Geetanjali Trading and Investments Private Limited, a promoter group entity of Hitech Corporation Limited, acquired 30,09,593 equity shares (17.52% stake) for Rs 28.2 crore via a voluntary delisting offer completed on 23rd Oct'26. Following this transaction, Geetanjali Trading's shareholding in Hitech Corporation increased from 1,18,69,295 equity shares (69.11%) to 1,48,78,888 equity shares (86.63%). The acquisition of public shares was executed under the SEBI (Delisting of Equity Shares) Regulations, 2021, and disclosed under SEBI PIT regulations on 26th Oct'26.
The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Geetanjali Trading & Investments Pvt Ltd
Others (Uncategorized) · 28 Oct 2026, 4:06 pm
Geetanjali Trading Acquires Additional Stake in Hitech Corporation via Delisting Geetanjali Trading and Investments Pvt Ltd, part of the promoter group of Hitech Corporation Ltd, acquired 30,09,593 equity shares (face value ₹10 each) pursuant to a voluntary delisting process under SEBI Delisting Regulations, 2021. Following the acquisition, Geetanjali Trading’s individual holding increased from 69.11% (1,18,69,295 shares) to 86.63% (1,48,78,888 shares). Consequently, total promoter group shareholding rose from 74.43% (1,27,84,480 shares) to 91.96% (1,57,94,073 shares), reducing public shareholding to 8.04%. The transaction is exempt from open-offer requirements under Regulation 10(1)(f) of SEBI SAST Regulations.
The Exchange has received the disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Geetanjali Trading & Investments Pvt Ltd
Others (Uncategorized) · 28 Oct 2026, 4:04 pm
Geetanjali Trading Acquires 17.52% Stake in Hitech Corporation via Delisting Offer Geetanjali Trading and Investments Private Limited, part of the promoter group of Hitech Corporation Limited, acquired 30,09,593 equity shares (17.52% stake) on 23rd Oct'26 through a voluntary delisting offer. Post-transaction, Geetanjali's holding increased from 69.11% (1,18,69,295 shares) to 86.63% (1,48,78,888 shares). Consequently, aggregate promoter and PAC shareholding in Hitech Corporation rose from 74.43% (1,27,84,480 shares) to 91.96% (1,57,94,073 shares), crossing the critical 90% delisting threshold against a total equity base of 1,71,75,700 shares.
Please find attached.
Others (Uncategorized) · 22 Oct 2026, 11:41 pm
Hitech Corporation Issues Delisting Corrigendum Confirming Successful Offer Hitech Corporation Limited announced a corrigendum to its Reverse Book Building Process outcome and Post Offer Public Announcement. The registrar rejected 100 physically tendered shares due to improper documentation, revising validly tendered shares at or below the Exit Price from 30,09,693 to 30,09,593. Consequently, post-acquisition promoter group shareholding will stand at 1,57,94,073 shares, representing 91.96% of fully paid-up equity and 92.82% of eligible capital under SEBI regulations. The delisting offer remains successful, exceeding the minimum regulatory threshold under Regulation 21(a).
Receipt of Post Offer Public Announcement issued in accordance of Regulation 17(4) and other applicable provisions of SEBI Delisting Regulations for the delisting of the equity shares of the Company.
Others (Uncategorized) · 15 Oct 2026, 10:05 pm
Hitech Corporation Delisting Offer Declared Successful at Rs. 426 per Share Kreo Capital announced that the voluntary delisting offer for Hitech Corporation Limited by Geetanjali Trading and Investments has succeeded. Following the reverse book-building process, the acquirer and promoter group's post-offer shareholding crossed the mandatory 90% threshold. Against a floor price of Rs. 252 and an indicative price of Rs. 353 per share, the discovered price was determined at Rs. 425. The acquirer declared a final exit price of Rs. 426 per share, representing an acquisition of up to 43,91,220 equity shares (25.57% stake) from public shareholders.
Receipt of Post Offer Public Announcement ("Post Offer PA") issued in accordance Regulation 17(4) and other applicable provisions of SEBI Delisting Regulations for the delisting of the ....
Others (Uncategorized) · 15 Oct 2026, 8:09 pm
Hitech Corporation Delisting Offer Declared Successful At Rs 426 Exit Price Geetanjali Trading and Investments Private Limited confirmed the successful delisting offer for Hitech Corporation Limited following the reverse book building process concluded on 13th Oct'26. The discovered price was Rs 425, with the final exit price accepted at Rs 426 per equity share against a floor price of Rs 252. A total of 30,09,693 equity shares were validly tendered, raising promoter group holding to 91.96% (1,57,94,173 shares), surpassing the 90% minimum threshold. Accepted shareholders will receive consideration on or about 23rd Oct'26.
Outcome of the Reverse Book building process under Reg 17(3) and other applicable provisions of SEBI (Delisting of Equity Shares) Regulations, 2021.
Others (Uncategorized) · 13 Oct 2026, 11:51 pm
Hitech Corporation Discovered Delisting Price Reaches Rs. 425 Per Share Hitech Corporation Limited's reverse book building process closed on 13th Oct'26 with a discovered price of Rs. 425 per share, against a floor price of Rs. 252 and an indicative price of Rs. 353. Public shareholders tendered 29,84,693 shares at or below the discovered price, taking post-offer promoter holding to 92.67% (1,57,69,173 shares) of eligible remaining shares, surpassing the mandatory 90% delisting threshold. The offer will successfully conclude subject to the acquirer accepting the discovered price of Rs. 425 per share.
Recommendations of Independent Director''s Committee as per Regulation 28 of SEBI Delisting Regulations.
Others (Uncategorized) · 30 Sept 2026, 10:49 pm
Hitech Corporation Independent Directors Recommend Delisting Offer as Fair and Reasonable Hitech Corporation's Committee of Independent Directors (IDC) unanimously recommended the voluntary delisting offer by Geetanjali Trading and Investments to acquire up to 43,91,220 shares (25.57% stake) via reverse book building. The IDC deemed the offer fair and reasonable, noting the floor price of INR 252 and indicative price of INR 353 per share—which represents 2.11 times the pre-announcement trading price and exceeds the stock's lifetime high. The IDC advises public shareholders to participate to access immediate liquidity at a premium, while independently evaluating market performance.
The Company is in receipt of the Letter of Offer ("LOF") in relation to the proposal for Voluntary Delisting of Equity Shares having face value of Rs. 10/- each of Hitech Corporation Limited ....
Others (Uncategorized) · 30 Sept 2026, 2:14 am
Hitech Corporation Delisting Letter of Offer Dispatched by Geetanjali Trading Hitech Corporation received the Letter of Offer for voluntary delisting from BSE and NSE via Geetanjali Trading and Investments. The Acquirer offers to buy up to 43,91,220 shares (25.57% stake) at a floor price of Rs. 252 per share and an indicative price of Rs. 353 per share, totaling Rs. 155.01 crore deposited in escrow. The reverse book building bidding window opens on 7th Oct'26 and closes on 13th Oct'26. Successful delisting requires the promoter group's holding to reach at least 90%.
Formation of Independent Director''s Committee as per Regulation 28 of SEBI Delisting Regulations.
Others (Uncategorized) · 29 Sept 2026, 11:17 pm
Hitech Corporation Constitutes Independent Directors Committee for Delisting Offer Evaluation Hitech Corporation Limited has constituted a Committee of Independent Directors via a circular resolution on 29th Sep'26, pursuant to Regulation 28 of SEBI Delisting Regulations. The committee—comprising Dr. Sivaram Swaminathan, Mr. Aditya Sheth, Dr. Anjan Ray, Mrs. Kalpana Merchant, and Dr. Prakash Trivedi—will provide reasoned recommendations on the delisting offer. This follows the Detailed Public Announcement dated 25th Sep'26 published by Kreo Capital on behalf of promoter group entity Geetanjali Trading and Investments Private Limited.
Receipt of Detailed Public Announcement (DPA) from Kreo Capital Private Limited (Manager to the Delisting Offer) for and on behalf of Geetanjali Trading and Investments Private Limited ....
Others (Uncategorized) · 28 Sept 2026, 11:39 pm
Hitech Corporation Issues Delisting Announcement With Floor Price At Rs 292.52 Geetanjali Trading and Investments Private Limited, a promoter group entity, issued a Detailed Public Announcement to acquire up to 43,91,220 shares (25.57% stake) to voluntarily delist Hitech Corporation Limited from BSE and NSE. The promoter group currently holds 74.43%. The floor price is set at Rs 292.52 per share, with an indicative offer price of Rs 363.00 per share. The reverse book-building bidding period opens on 7th Oct'26 and closes on 13th Oct'26. The delisting requires post-offer promoter shareholding to reach at least 90.0%.
Receipt of In-principle approval of the Stock Exchanges in accordance with Regulation 12 of SEBI (Delisting of Equity Shares) Regulation, 2021.
Others (Uncategorized) · 25 Sept 2026, 11:28 pm
Hitech Corporation Receives In-Principle Stock Exchange Approvals for Voluntary Delisting Hitech Corporation received in-principle approval letters on 25th Sep'26 from both BSE and NSE for the proposed voluntary delisting of its equity shares under SEBI Delisting Regulations, 2021. The approval requires the company to submit its final delisting application within one year of passing the special resolution, obtain prior approvals across recognized exchanges, and ensure no pending litigation impairs shareholder interests. Additionally, the company, acquirer, and manager to the offer must maintain strict compliance with all SEBI delisting norms prior to final exchange clearance.
Voting Results and Scrutiniser''s report of 35th AGM.
Annual General Meeting · 25 Sept 2026, 11:20 pm
Outcome of 35th AGM.
Annual General Meeting · 25 Sept 2026, 11:18 pm
Proceedings of 35th AGM of the Company held 24th September, 2026.
Annual General Meeting · 25 Sept 2026, 12:05 am
Due Diligence Report under SEBI (Delisting of Equity Shares) Regulations, 2021 and Share Capital Audit Reports as per Regulation 76 of SEBI (Depositories and Participants) Regulations, 2018.
Others (Uncategorized) · 08 Sept 2026, 9:24 pm
Hitech Corporation Submits Updated Due Diligence and Share Capital Audit Reports for Delisting Hitech Corporation Limited's Board approved updated regulatory reports following an NSE query regarding its voluntary delisting proposal. The submissions include a Due Diligence Report covering 9th Jun'24 to 8th Jun'26, which confirmed zero changes in promoter shareholding (retaining 74.43% stake or 1,27,84,480 shares) and no direct or indirect connection between promoters and the top 25 public shareholders. Additionally, Regulation 76 Share Capital Audit Reports covering six-month periods ending 8th Jun'26 and 9th Jul'26 confirmed fully reconciled issued and listed capital of 1,71,75,700 shares.
Letter to Shareholders as per Regulation 36(1)(b) of SEBI (LODR) Regulations, 2015.
Others (Uncategorized) · 02 Sept 2026, 10:06 pm
Hitech Corporation Announces 35th AGM Date and FY26 Annual Report Availability Hitech Corporation Limited scheduled its 35th AGM for 24th Sep'26 via video conferencing. The company issued notices providing web links to the FY26 Annual Report for shareholders lacking registered email addresses as of the 28th Aug'26 cut-off date. Additionally, Hitech reminded physical security holders to update mandatory KYC details, including PAN and bank accounts, per SEBI guidelines. Effective 1st Apr'24, dividends and other payments for folios with incomplete KYC information are processed exclusively through electronic modes.
Annual Report for FY 2025-26
Others (Uncategorized) · 02 Sept 2026, 10:03 pm
Please find attached the Notice of 35th Annual General Meeting of the Company scheduled to be held on Thursday, 24th September, 2026 at 03.30 p.m. through VC/OAVM along with Annual Report ....
Annual General Meeting · 02 Sept 2026, 9:57 pm
Intimation of Record date for payment of Dividend and e-voting instructions for 35th AGM.
Dividend · 31 Aug 2026, 11:29 pm
Intimation of date of payment of Dividend.
Dividend · 31 Aug 2026, 11:23 pm
Hitech Corp Sets Final Dividend Record Date and AGM Details Hitech Corporation has announced its 35th Annual General Meeting (AGM) for Thu, 24th Sep'26. The Board has recommended a final dividend of Re. 1.00 per share (10% of face value) for the year ended 31st Mar'26. The record date for dividend entitlement is fixed for Fri, 4th Sep'26. If approved at the AGM, the dividend will be paid on or after 24th Sep'26. The cut-off date for e-voting eligibility is Thu, 17th Sep'26, with the e-voting period running from 21st Sep'26 to 23rd Sep'26.
Intimation of 35th AGM, Record date for dividend and other related information.
Annual General Meeting · 31 Aug 2026, 11:20 pm
Please find enclosed.
Change in Management · 15 Aug 2026, 2:16 am
Hitech Corp Q1FY27: Strong Revenue and Profit Growth with Senior Management Change Hitech Corp reported strong Q1FY27 consolidated results with revenue from operations at ₹22,566.87 lakhs, a 36.8% YoY increase. Net profit rose 49.7% YoY to ₹710.86 lakhs. On a QoQ basis, revenue grew 36.0% while net profit declined by 20.0% from ₹888.72 lakhs. The Board approved the retirement of Mr. V.S.R. Anjaneyulu, VP - Technology Center, effective 05 Sep'26. The company is also proceeding with its voluntary delisting from NSE and BSE, having received shareholder approval via postal ballot on 10 Jul'26.
Audited Standalone and Consolidated results for the quarter ended June 30, 2026
Financial Result · 15 Aug 2026, 2:11 am
Hitech Corp Q1 FY27: Revenue and Profit Surge YoY Hitech Corp reported strong Q1 FY27 results with consolidated net profit rising 49.7% YoY to ₹710.86 lakhs. Revenue from operations grew 36.8% YoY to ₹22,566.87 lakhs. On a sequential basis, revenue rose 36.0% while profit declined by 20.0% from ₹888.72 lakhs in Q4 FY26. Consolidated EPS for the quarter was ₹4.14, up from ₹2.76 YoY. The board also noted the retirement of V.P. of Technology, Mr. V.S.R. Anjaneyulu, effective 5th Sep'26.
Outcome of Board Meeting dated 14th August, 2026
Outcome · 15 Aug 2026, 2:06 am
Hitech Corporation Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Lakh) ■ Revenue: 22,567 (+36.8% YoY | +35.9% QoQ) ■ EBITDA: 2,301 (+12.3% YoY | +7.7% QoQ) ■ EBITDA Margin (%): 10.2 (-223 bps YoY | -267 bps QoQ) ■ PAT: 711 (+49.7% YoY | -20.0% QoQ) ■ EPS (INR): 4.14 (+50.0% YoY | -19.9% QoQ)