Hittco Tools Ltd — Important, 19-01-2026: Company Update

Hittco Tools' board approved a preferential allotment of up to 4.45 lakh equity shares. This includes 1.50 lakh shares to Mr. Shreyans Bhandari at ₹15.92 each and 2.95 lakh shares to Yash Vardhan Bhandari at ₹13.92 each. The board also forfeited 2.47 lakh partly paid shares due to non-payment. Mr. Ranjan Kotekar was appointed as an Additional Independent Director. Additionally, the company signed a related-party agreement to rent manufacturing equipment for ₹0.1 Cr annually for five years, aiming to boost operational efficiency and capacity utilization.