Hilltone Software and Gases Ltd — Important, 23-08-2025: Company Update

Hilltone Software Gases' board approved a preferential issue of 30,82,000 equity shares, pending shareholder consent, and appointed a valuer to determine the issue price. The company also plans to increase its authorised share capital from ₹12 Cr to ₹15 Cr, subject to shareholder approval. Crucially, the board approved a significant alteration to its main business objects, expanding into areas like industrial/medical gases, software/IT services, digital marketing, AI/ML, solar power, waste management, and hospitality. This strategic shift aims to diversify its business scope, pending shareholder adoption of new Articles of Association.