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Hitech promoters reach 91.96% after delisting

PRIVATEOct 23, 2026

Acquiring Company

Geetanjali Trading and Investments Private Limited

Acquired Company

Hitech Corporation Limited

IndiaIndia

Description

Hitech Corporation Limited confirmed its voluntary delisting offer remains successful after a corrigendum reduced validly tendered shares by 100. Geetanjali Trading and Investments acquired 30,09,593 shares on October 23, 2026. The Promoter Group's consolidated holding stands at 91.96%, above the threshold required under Regulation 21(a).

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Company Information

Company

Geetanjali Trading and Investments Private Limited

Location

India

About

Geetanjali Trading and Investments Private Limited is a member of the Promoter Group of Hitech Corporation Limited. It acquired 30,09,593 equity shares from public shareholders through the voluntary delisting offer. The acquisition raised the consolidated Promoter Group stake to 91.96%.

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Frequently asked

Who acquired Hitech Corporation Limited?

Hitech Corporation Limited was acquired by Geetanjali Trading and Investments Private Limited, based in India. The deal was reported on October 23, 2026. Geetanjali Trading and Investments Private Limited is a member of the Promoter Group of Hitech Corporation Limited. It acquired 30,09,593 equity shares from public shareholders through the voluntary delisting offer. Geetanjali Trading and Investments Private Limited is privately held.

When did Geetanjali Trading and Investments Private Limited acquire Hitech Corporation Limited?

Geetanjali Trading and Investments Private Limited's acquisition of Hitech Corporation Limited was reported on October 23, 2026. Hitech Corporation Limited confirmed its voluntary delisting offer remains successful after a corrigendum reduced validly tendered shares by 100. Geetanjali Trading and Investments acquired 30,09,593 shares on October 23, 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Hitech Corporation Limited do?

Hitech Corporation Limited is a listed Indian company that is subject to a voluntary delisting offer. The offer was declared successful following a corrigendum to the Reverse Book Building Process outcome. It is privately held, and is based in India.

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