Hitech Corporation Limited — Important, 25-05-2026: Disclosure of material issue
Hitech Corporation's promoter group, Geetanjali Trading and Investments Private Limited (the Acquirer), has announced its intention to acquire all public shares and delist the company from BSE and NSE.
**The Issue:** The Acquirer aims to take Hitech Corp private, offering to buy out public shareholders.
**Possible Impact:** If the delisting is successful, Hitech Corp shares will no longer be traded on stock exchanges. Public shareholders will need to decide whether to tender their shares in the delisting offer. This move could significantly impact liquidity for current public investors who choose not to participate.
**Company's Response:** Hitech Corporation is formally disclosing this delisting proposal, adhering to SEBI delisting rules. Public shareholders should watch for further details on the delisting offer price and timeline from the company and the offer manager.
