Hilton Metal Forging Limited — Board Meeting, 27-03-2025: Outcome of Board Meeting

Hilton Metal Forging Limited has announced a board meeting outcome, where the Board of Directors approved the creation and issuance of equity shares through a Qualified Institutional Placement (QIP), potentially up to 90 lakh shares. M/s Horizon Management Consultants has been appointed as the Lead Manager for this QIP. An Extra Ordinary General Meeting is set for approval of this proposal, with details to be communicated to shareholders. Additional business matters were also discussed during the meeting. This decision awaits shareholder and regulatory approvals.