Hitech Corporation: Receipt of Post Offer Public Announcement ("Post Offer PA") issued in accordance Regulation 17(4) and other…
Hitech Corporation (HITECHCORP) filed a disclosure titled "Receipt of Post Offer Public Announcement ("Post Offer PA") issued in accordance Regulation 17(4) and other applicable provisions of SEBI Delisting Regulations for the delisting…". The company is…
What happened
Hitech Corporation (HITECHCORP) filed a disclosure with the exchanges on 15 October 2026 at 02:39 PM titled "Receipt of Post Offer Public Announcement ("Post Offer PA") issued in accordance Regulation 17(4) and other applicable provisions of SEBI Delisting Regulations for the delisting…".
Company snapshot
Hitech Corporation is a micro-cap company, with a market value of about ₹707 crore.
The stock last traded at ₹411.5, against a 52-week range of ₹112–₹411.5 (0.0% above the high).
Before this filing the shares had moved +17.2% over the month and +23.1% over three months. Average daily turnover over the last 20 sessions was about ₹1 crore.
Promoters held 74.43% at the end of Q1 FY27. Foreign institutions owned 0.00% and domestic institutions 0.13%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 165 | 4.7 | 2.76 |
| Q2 FY26 | 164 | 4.2 | 2.43 |
| Q3 FY26 | 145 | -2.6 | -1.52 |
| Q4 FY26 | 166 | 8.9 | 5.17 |
| Q1 FY27 | 226 | 7.1 | 4.14 |
What history shows
BCEIE's records show 11 previous open offer filings from the company since May 2026.
After those filings, the stock gained 8.2% on average the next trading day and was up 19.0% on average after five days (10 filings with price data).
Market-wide, 320 open offer filings with an impact score of 50 or more saw an average next-day move of +2.1%, with 55% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 30 Sept 2026 | Recommendations of Independent Director's Committee as per… | −0.9% | +1.6% |
| 30 Sept 2026 | Letter of Offer. | −0.6% | +2.4% |
| 29 Sept 2026 | The Company is in receipt of the Letter of Offer ("LOF") in relation… | −0.6% | +2.4% |
| 8 Sept 2026 | Update on Delisting | −1.1% | −1.2% |
| 9 Jun 2026 | Voluntary Delisting | +0.5% | +3.1% |
In the news
Recent coverage elsewhere (links open the original publisher):
- Hitech Corporation re-appoints Malav Dani as MD and appoints Mehli Golvala as Independent Director
- Hitech (HITECHCORP) Share/Stock Price Live, NSE
- What Is SungEel HiTech Co., Ltd.'s (KOSDAQ:365340) Share Price Doing?
- Hitech Corporation HITECHCORP Regulation 74(5) Certificate Q2 FY27
- HiTech Group Australia Limited (ASX:HIT): Specialist Recruitment and Cash Discipline
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.