Description
BSE lists 16,770,000 new equity shares of Hilton Metal Forging Limited issued on Rights Basis, effective April 9, 2026. Shares are ranked pari-passu with existing equity shares.
Summary
BSE has listed 16,770,000 new equity shares of Hilton Metal Forging Limited (Scrip Code: 532847) issued on a Rights Basis. These shares are permitted to trade on the Exchange effective Thursday, April 9, 2026. The new shares rank pari-passu with existing equity shares.
Key Points
- 16,770,000 equity shares of Rs. 10.00/- each issued at a premium of Rs. 6.68/- on Rights Basis
- ISIN: INE788H01017
- Distribution Numbers: 34696552 to 51466551
- Date of Allotment: April 6, 2026
- New shares rank pari-passu with existing equity shares
- Trading permitted from April 9, 2026
Regulatory Changes
No regulatory changes. This is a standard listing notice for newly issued securities following a rights issue.
Compliance Requirements
Trading members of BSE are informed of the new securities listing and are permitted to trade these shares from the effective date. No additional compliance action required beyond standard trading procedures.
Important Dates
- Date of Allotment: April 6, 2026
- Effective Trading Date: April 9, 2026 (Thursday)
Impact Assessment
The listing increases the total share count of Hilton Metal Forging Limited by 16,770,000 shares. Existing shareholders who participated in the rights issue will be able to trade their newly allotted shares from April 9, 2026. The rights issue price of Rs. 16.68/- per share (Rs. 10 face value + Rs. 6.68 premium) provides context for market pricing. Impact is moderate for existing shareholders and traders of this scrip.
Impact Justification
Routine listing of rights issue shares for an existing listed company; relevant to current shareholders and traders of Hilton Metal Forging Limited.