Hitech Corporation Limited — JV/Acquisition, 27-02-2025: Acquisition

Hitech Corporation Limited has entered into a Share Purchase Agreement to acquire 100% of Thriarr Polymers Private Limited. As of now, 96% of the equity shares have been successfully transferred to Hitech's demat account, with the remaining 4% expected to be completed shortly. This strategic acquisition aims to strengthen Hitech's market presence and enhance its operational capabilities. The full acquisition signifies a move towards expanding its product offerings and customer base, which could positively impact shareholders through potential growth and value creation.