Description
BSE notifies trading members that Hilton Metal Forging Limited has fixed 24 February 2026 as the record date for a rights issue of 29 equity shares at Rs.16.68 per share for every 60 shares held. Trading in the scrip will move to ex-rights basis from the same date.
Summary
BSE has informed trading members that Hilton Metal Forging Limited (Scrip Code: 532847) has fixed 24 February 2026 as the record date for a Rights Issue of Equity Shares. Effective from the same date, transactions in the company’s equity shares must be conducted on an ex-rights basis under the Rolling Settlement segment.
Key Points
- Company: Hilton Metal Forging Limited (BSE Code: 532847)
- Record Date: 24 February 2026
- Ex-Rights Date: 24 February 2026 (Settlement No. DR-827/2025-2026)
- Rights Ratio: 29 new equity shares for every 60 existing equity shares held
- Face Value: Rs. 10/- per share
- Issue Price: Rs. 16.68 per share (face value of Rs. 10/- + premium of Rs. 6.68)
- Payment Terms: Full issue price of Rs. 16.68 is payable in full on application
- Segment: Dematerialised Securities – Rolling Settlement Segment
Regulatory Changes
No new regulatory changes introduced. This circular is a standard notification under BSE’s corporate actions framework, informing trading members of the ex-rights basis applicable from 24 February 2026.
Compliance Requirements
- Trading members must ensure all transactions in the equity shares of Hilton Metal Forging Limited (532847) are executed on an ex-rights basis with effect from 24 February 2026.
- Members should communicate the rights entitlement details to relevant clients holding the scrip ahead of the record date.
Important Dates
| Event | Date |
|---|---|
| Circular Date | 20 February 2026 |
| Record Date | 24 February 2026 |
| Ex-Rights Effective Date | 24 February 2026 |
| Settlement Number | DR-827/2025-2026 |
Impact Assessment
This is a moderate-impact corporate action limited to existing shareholders of Hilton Metal Forging Limited. Shareholders on record as of 24 February 2026 will be entitled to subscribe to 29 new shares for every 60 shares held at Rs. 16.68 per share (a modest premium of Rs. 6.68 over face value). The full payment is required upfront at the time of application. Trading members and investors should factor in the ex-rights price adjustment when transacting in the scrip from 24 February 2026 onward.
Impact Justification
Routine corporate action circular informing trading members of the ex-rights date and record date for a rights issue. Directly relevant to existing shareholders of Hilton Metal Forging Limited but has limited broader market impact.