Hilltone Software and Gases Ltd — Important, 21-02-2026: Company Update
21-02-2026 | 04:15 pm
21-02-2026 | 04:15 pm
Hilltone Software and Gases is expanding its Industrial Gases vertical, utilizing funds from its December 2025 preferential allotment of 22,47,800 equity shares issued at ₹44 each. The company will add Carbon Dioxide and Argon gases to its existing portfolio of Oxygen and Nitrogen. This move involves installing new liquid storage tanks and bottling infrastructure, shifting from third-party trading. This strategic shift is expected to improve gross profit margins in the vertical by approximately 25% and reduce logistics costs by about 15%, enhancing operational efficiencies and customer service. Operations for these new gases are slated to begin by May 2026.
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