Description
HILTON METAL FORGING LIMITED has fixed the record date as December 26, 2025 for the rights issue of 14 equity shares for every 29 equity shares held at Rs 10 face value with a premium of Rs 18.32 per share.
Summary
HILTON METAL FORGING LIMITED (Scrip Code: 532847) has fixed December 26, 2025 as the record date for its rights issue. Eligible shareholders will be entitled to subscribe to 14 equity shares of Rs 10 face value each at a premium of Rs 18.32 per share (total price Rs 28.32) for every 29 equity shares held. Trading in the company’s equity shares will be on an ex-rights basis from December 26, 2025 under settlement number DR-785/2025-2026.
Key Points
- Company: HILTON METAL FORGING LIMITED (Scrip Code: 532847)
- Record Date: December 26, 2025
- Rights Ratio: 14 equity shares for every 29 equity shares held
- Face Value: Rs 10 per equity share
- Premium: Rs 18.32 per equity share
- Total Issue Price: Rs 28.32 per equity share
- Ex-Rights Date: December 26, 2025
- Settlement Number: DR-785/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action notice regarding a rights issue.
Compliance Requirements
- Trading members must ensure transactions in equity shares of Hilton Metal Forging Limited are conducted on an ex-rights basis from December 26, 2025
- Trading members are required to take note of the record date and ex-rights date for proper settlement and client communication
Important Dates
- December 23, 2025: Circular notification date
- December 26, 2025: Record date for determining rights entitlement
- December 26, 2025: Ex-rights trading begins (Settlement DR-785/2025-2026)
Impact Assessment
Shareholder Impact: Existing shareholders as of the record date will have the opportunity to subscribe to additional equity shares at Rs 28.32 per share in the ratio of 14:29. This represents a rights entitlement of approximately 48.28% of their existing holdings.
Trading Impact: The stock will trade ex-rights from December 26, 2025, meaning buyers after this date will not be entitled to participate in the rights issue. The stock price is expected to adjust downward on the ex-rights date to reflect the value of the rights entitlement being separated.
Market Operations: Trading members must update their systems to reflect the ex-rights status and ensure proper settlement under DR-785/2025-2026.
Impact Justification
Standard rights issue announcement affecting existing shareholders of Hilton Metal Forging Limited with specific entitlement ratio and pricing