Hitech Corporation LimitedHITECHCORPNSE
Hitech Corporation receives in-principle approvals for voluntary delisting
As filed · Hitech Corporation Limited has informed the Exchange about receipt of In-principle approval from both the stock exchanges as per Regulation 21 of SEBI Delisting Regulations.
Special SituationMixedNotablemateriality 68 out of 100
What happened
FactHitech Corporation received letters dated 25th September, 2026 from BSE and NSE granting in-principle approval for voluntary delisting of its equity shares, subject to conditions under the SEBI Delisting Regulations. The company must make its final delisting application within one year of passing the special resolution and obtain required approvals from all recognised stock exchanges.
Why it matters
CapitSignal interpretationDelisting removes the ability to sell on the exchange, so the discovered exit price becomes the only liquidity event.
Watch next
Fact- Floor price and the discovered price
- Whether the offer succeeds at the threshold
Evidence
How CapitSignal classified this
- Reasoning:
- The approvals move the proposed voluntary delisting process forward, but completion remains conditional on further regulatory compliance, approvals and the final delisting application.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%