Hilton Metal Forging Limited has announced an Extraordinary General Meeting (EGM) to be held on Thursday, March 26, 2026, at 12:00 PM IST through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The primary agenda for the EGM is to consider and approve an increase in the Company's authorized share capital from ₹55 crore to ₹85 crore. This proposed increase involves an expansion of equity shares from 5.50 crore to 8.50 crore, each with a face value of ₹10. Consequently, Clause V of the Memorandum of Association of the Company will be altered to reflect this change. The decision to increase the authorized share capital aims to broaden the capital structure and meet future funding requirements, enabling the company to issue additional shares as needed. The Board of Directors has recommended this proposal for shareholder approval through an ordinary resolution.
