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

Hittco Tools' board has approved a preferential allotment of up to 4.45 lakh equity shares to promoters and a non-promoter, subject to shareholder approval. Concurrently, 2.476 lakh partly paid shares were forfeited due to non-payment of call money. The company also appointed Mr. Ranjan Kotekar as an Additional Independent Director. Furthermore, a five-year machinery rental agreement was signed with a promoter group entity for ₹9.95 lakh annually, aimed at improving operational efficiency and production capacity.