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Hi-Tech Pipes informs about raising of funds

28 May 2026 Evaluate
Hi-Tech Pipes has informed that the Board of Directors in its meeting held today Thursday, May 28, 2026, inter-alia considered and approved and recommended following matters:  The Audited Financial Results (Standalone and Consolidated) for the Quarter and Financial Year ended March 31, 2026 and Auditor’s Report thereon;. Issuance of 90,00,000 (Ninety lakhs Only) Fully Convertible Equity Warrants (Warrants) each carrying a right exercisable by the warrants holder[s] to subscribe to one (1) equity share against each warrant at a price of Rs 100 [including the warrant subscription price and warrant exercise price] or at a price as may be determined in accordance with the provisions of Chapter V-of -SEBI (ICDR) Regulations 2018, whichever is higher, to the person(s) belonging to Promoter Group on such terms and condition as may be determined by the Board and subject to approval of shareholders of the Company through postal ballot; Appointment of S. Shekhar & Co., Cost Accountants (FRN: 000452), as the Cost Auditors for the Financial Year 2026-27.

The above information is a part of company’s filings submitted to BSE.

Hi-Tech Pipes Share Price

89.85 2.18 (2.49%)
04-Jun-2026 16:59 View Price Chart
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