General Updates

Hitech Corporation Limited HITECH Regd. Office & HO: 201, Welspun House 2nd Floor, Kamala City, Lower Parel - west Mumbai - 400 013 Dated: 29th September, 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra-Kurla Complex Dalal Street, Mumbai – 400 023 Bandra (E), Mumbai - 400 051 Scrip Code: 526217 Scrip Symbol: HITECHCORP Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Re: Receipt of the Letter of Offer (“LOF”) in relation to the proposal for voluntary delisting of Equity Shares having face value of Rs. 10/- each of Hitech Corporation Limited (“the Company”) from BSE Limited (“BSE”) and National Stock Exchange Limited ("NSE") in accordance with the provisions of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021, as amended (“SEBI Delisting Regulations”). Dear Sir/ Madam, The Company is in receipt of the Letter of Offer ("LOF") dated 29th September, 2026, issued in accordance with Regulation 16 of the SEBI Delisting Regulations by Kreo Capital Private Limited, Manager to the Delisting Offer for and on behalf of Geetanjali Trading and Investments Private Limited (“Acquirer”), a member of the promoter group of the Company (as defined under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 who along with Promoters and other members of the Promoter Group of the Company are “Acquirers” as defined in SEBI Delisting Regulations. Accordingly, in terms of Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith a copy of the LOF. The LOF will also be made available on the website of the Company at www.hitechcorporation.co in accordance with Regulation 16(3) of the SEBI Delisting Regulations. This is for your information and records. Thanking You. Kindly take the above on record. For Hitech Corporation Limited Hetali Mehta Company Secretary and Compliance Officer ACS 50317 Mumbai Integrity + Commitment + Innovation = Excellence CIN: L28992MH1991PLC168235 l An ISO 9001:2008 Certified Company l Tel: 91-22-40016500/24816500 l Fax: 91-22-24955659 l Email: corp@hitechgroup.com l Website: www.hitechcorporation.co KR£0 Kreo Capital Private Limited cAeitAC All Aboul Trull CIN: U65999MH2018PTC307425 Date: September 29, 2026 Board of Directors Hitech Corporation Limited Unit No. 201, 2nd Floor, Welspun House, Kamala City, Senapati Bapat Marg, Lower, Parel, Mumbai City, Mumbai, Maharashtra, India, 400013. Dear Sir/ Madam Subject: Letter of Offer for voluntary delisting of Equity Shares of face value Rs. 10/- each of Hitech Corporation Limited ("the Company") from BSE Limited ("BSE") and National Stock Exchange Limited ("NSE") in accordance with the provisions of the Securities and Exchange Board of India (Delisting of Equity shares) Regulations, 2021, as amended ("Delisting Regulations") We, Kreo Capital Private Limited, Manager to the Delisting Offer, wish to inform you that Geetanjali Trading and Investments Private Limited ("Acquirer"), a member of the promoter group of the Company as defined under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, who along with Promoters and other members of the Promoter Group of the Company are "Acquirers" as defined in SEBI Delisting Regulations, had expressed its intention through Initial Public Announcement ("IPA") dated May 25, 2026 and Detailed Public Announcement ("DPA") dated September 28, 2026 to voluntarily delist the Equity Shares of the Company from BSE and NSE, the recognized stock exchanges where the Equity Shares of the Company are listed, by making a delisting offer to acquire all the Equity Shares that are held by the Public Shareholders of the Company pursuant to and in accordance with the SEBI Delisting Regulations ("Delisting Offer"). In connection with the aforesaid Delisting Offer, we Manager to the Delisting Offer, for and on behalf of the Acquirer have issued the Letter of Offer to the Public Shareholders of the Company. The LOF will be dispatched to all the Public Shareholders of the Company not later than September 30, 2026 in terms of Regulation 16 of the SEBI Delisting Regulations. Please find enclosed a copy of the LOF for your reference and records. Request you to disseminate the said information on your website. This is for your information and records Capitalized terms used in this letter unless defined herein shall have the same meanings as ascribed to them in the enclosed Letter of Offer For Kreo Capital Private Limited Name: Mr. Ayush Parakh Designation: Director DIN: 08992509 Place: Nagpur Registered Office: 2nd Floor, VCA Complex, Near Gate No. 8, Civil Lines Nagpur-440001 : +91-0712299 7550/51 : www.kreoca ital.com I : office kreoca ital.com SEBI Merchant Banking Registration No.: INM0000 12689 THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION This Letter of Offer (‘Letter of Offer’ / ‘LOF’) is sent to you as a Public Shareholder of Hitech Corporation Limited as on the specified date (defined below) in accordance with the SEBI Delisting Regulations (defined below). In case you have recently sold your Equity Shares (defined below) in the Company, please hand over this LOF and the accompanying documents to the Member of the Stock Exchange through whom the said sale was effected. LETTER OF OFFER To the Public Shareholders for Voluntary Delisting of Equity Shares of Hitech Corporation Limited Corporate Identification Number: L28992MH1991PLC168235 Registered Office Address: Unit No. 201, 2nd Floor, Welspun House, Kamala City, Senapati Bapat Marg, Lower Parel (W), Mumbai, Maharashtra, 400013 Contact: 022 4001 6500; Email: secretarial@hitechgroup.com Website: www.hitechcorporation.co Company Secretary & Compliance Officer: Hetali Mehta FROM Name of the Acquirer Address Email Address Unit No. 204, 2nd Floor, Welspun Geetanjali Trading and Investments Private House, Kamala City S B Marg, Lower Limited (“Acquirer”) who along with the Parel, West, Mumbai City, Mumbai, promoters and other members of the promoter Maharashtra, India, 400013 sec@geetanjaligroup.in group of the Company are “Acquirers” as defined under Securities Exchange Board of India (Delisting of Equity Shares) Regulations, 2021 The Acquirer is making this Delisting Offer to the Public Shareholders of the Company pursuant to the SEBI (Delisting of Equity Shares) Regulations, 2021 (“SEBI Delisting Regulations”) and is inviting you to tender your Offer Shares (defined below), through the reverse book- building process in accordance with the SEBI Delisting Regulations. INDICATIVE PRICE: Rs. 353 PER EQUITY SHARE FLOOR PRICE: Rs.252/- PER EQUITY SHARE BID OPENING DATE: October 07, 2026 BID CLOSING DATE: October 13, 2026 PLEASE NOTE: 1. If you wish to tender your equity shares pursuant to this LOF to the Acquirer, you should carefully read this LOF and the instructions herein. 2. The Delisting Offer will be implemented by the Acquirer as per Reverse Book Building process through the Stock Exchange mechanism, as provided under the SEBI Delisting Regulations and SEBI circulars bearing reference numbers ‘CIR/CFD/POLICYCELL/1/2015 dated April 13, 2015’ ‘CFD/DCR2/CIR/P/2016/131 dated December 09, 2016’ and SEBI/HO/CFD/DCR-III/CIR/P/2021/615 dated August 13, 2021 issued by SEBI. For details on methodology on Stock Exchange mechanism please refer Paragraphs 16 and 17 of this LOF. 3. For the implementation of the Delisting Offer, the Acquirer have already deposited the required pay-in amount in the Escrow Account detailed in Paragraph 19 of this LOF. On success of the offer, funds pay in will be made from the Escrow account through the SEBI registered buying Broker i.e_Nirmal Bang Securities Private Limited appointed by the Acquirer in accordance with a [Showing first 8,000 characters — download PDF for full document]