Hittco Tools Ltd — Important, 30-05-2026: Company Update

Hittco Tools Limited reported on its recent preferential issue of equity shares, through which it raised Rs. 0.62 Cr by allotting 4,45,000 shares at Rs. 13.92 each. The funds were designated for business expansion (Rs. 0.41 Cr) and general corporate purposes (Rs. 0.21 Cr). For the quarter ended March 31, 2026, the company confirmed that there has been no deviation or variation in the planned utilization of these funds. This update provides clarity to shareholders regarding the deployment of the raised capital.