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Hilton Metal Forging Limited's Board has announced a meeting during which they approved the issuance of up to 90,00,000 equity shares through a Qualified Institutional Placement (QIP). M/s Horizon Management Consultants has been appointed as the Lead Manager for this process. An Extra Ordinary General Meeting is scheduled for April 21, 2025, to seek shareholder approval for this proposal. This strategic move could enhance the company's financial flexibility and growth prospects. Investors might view this positively as it indicates a proactive approach to capital raising, although potential dilution remains a consideration.