Hittco Tools Ltd — Important, 17-02-2026: Company Update

Hittco Tools has provided further clarification for its proposed preferential issue of shares, following observations from BSE. The company plans to raise ₹0.62 Cr by issuing 4.45 lakh equity shares at ₹13.92 each. The funds will be allocated for business expansion (₹0.41 Cr) and general corporate purposes (₹0.21 Cr). A promoter intends to subscribe to ₹0.41 Cr worth of these shares, with a non-promoter also subscribing. This capital raise aims to support operational growth and strengthens the company's financial position.