General Updates

HITECH Hitech Corporation Limited Regd. Office & HO: 201, Welspun House 2nd Floor, Kamala City, Lower Parel - west Mumbai - 400 013 Dated: 13th October, 2026 To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra-Kurla Complex Phiroze Jeejeebhoy Towers, Bandra (E), Mumbai - 400 051 Dalal Street, Mumbai – 400 023 Scrip Symbol: HITECHCORP Scrip Code: 526217 Subject: Outcome of Reverse Book Building Process under Regulation 17(3) of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021 ("SEBI Delisting Regulations"). Re: 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, This is to inform you that the Company is in receipt of communication dated 13th October, 2026 from Kreo Capital Private Limited, Manager to the Delisting Offer, on the outcome of the reverse book building process in relation to the Delisting Offer. In terms of Regulation 30 read with Schedule Ill of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith a copy of the communication received. The same will also be made available on the website of the Company at www.hitechcorporation.co. 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 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 Kreo Capital Private Limited ¢APltAC All Aboul Trull CIN: U65999MH2018PTC307425 Date: 13th October, 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 Sub: Outcome of Reverse Book Building Process under Regulation 17(3) of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021 ("SEBI Delisting Regulations"). This is with reference to the voluntary delisting offer made by Geetanjali Trading and Investments Private Limited ("Acquirer"), a member of the promoter group of the Company as defined under the Securities and Exchange Board oflndia (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, for the acquisition of upto 43,91,220 Equity Shares of face value Rs. 10/- each of the Company representing 25.57% of the Equity Share Capital of the Company, held by the Public Shareholders of the Company and consequently, to voluntarily delist the Equity Shares of the Company from BSE Limited ("BSE") and National Stock Exchange Limited ("NSE"), the recognized stock exchanges where the Equity Shares of the Company are listed, pursuant to and in accordance with the SEBI Delisting Regulations ("Delisting Offer"). We, Kreo Capital Private Limited, manager to the Delisting Offer ("Manager"/ "Manager to the Delisting Offer"), wish to inform you that the Delisting Offer opened on Wednesday, October 07, 2026, and closed today i.e., Tuesday, October 13, 2026, at the end of market hours on BSE and NSE. MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited) ("Registrar to the Delisting Offer") and we, Manager to the Delisting Offer, have analysed the data of bids, received from BSE and NSE and in consultation with the Acquirer, the outcome of the Reverse Book Building Process ("RBBP") is hereby disclosed and announced in terms of Regulation 17(3) of the SEBI Delisting Regulations. Scrip Name Hitech Corporation Limited Symbol Scrip Code 526217 I HITECHCORP OCssue Period Wednesday, October 07, 2026 to Tuesday, Octoberl3, 2026 !Floor Price (Rs.) Rs. 252/-Per Equity Share OCndicative Price (Rs.) Rs. 353/-Per Equity Share IDelisting Offer size 43,91,220 Equity Shares !Discovered Price (Rs.) Rs. 425/-Per Equity Share Number of equity shares and Total 34,16,208 Equity Shares with 778 valid bids received between price bids ange from Rs. 252/-Per Equity Share to Rs. 2000/-Per Equity Share. Number of equity shares and No. of Equity Shares: 4,31,515 bids above the discovered price No. of Bids 167 ~hether delisting offer is Total issued equity shares 1,71,7 5,700 shares successful in terms 0~ Shares held by custodian(s) against Nil !Regulation 21 of SEBI (Delisting which depository receipts have been ~f equity shares) Regulations •s sued overseas Shares transferred to the Investor 1,59 ,508 shares Education and Protection Fund's Registered Offi-ce: 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 KR£0 Kreo Capital Private Limited ¢ A e t A C All About Trull CIN: U65999MH2018PTC307425 account in terms of Regulation 21 (a) of SEBI Delisting Regulations Shares held by trust set up for Nil mplementing an Employee Benefit scheme under the Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014 or Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 Shares held by inactive shareholders Nil such as vanishing companies and struck off companies in terms of Regulation 21 (a) of SEBI De listing Regulations Shares held m terms of sub- 400 shares egulation (4) of regulation 39 read with Schedule VI of the Securities and Exchange Board of India Listing Obligations and Disclosure Requirements) Regulations 2015. Total issued Equity Shares 1,70, 15,792 shares excluding such Equity Shares as per Regulation 2l(a) of the SEBI Delisting Regulations ("Remaining Shares") Minimum number of 1,53,14,213 shares shareholding to be achieved i.e., 90% of the Remaining Shares as per Regulation 21 of SEBI Delisting Regulations. Particulars No. of Equity% of total issued% of Remaining Shares equity shares Shares Pre- Delisting 1,27,84,480 74.43% 75.13% Offer Promoter and Members of Promoter Group Shareholding No. of Equity 29,84,693 17.38% 17.54% Shares successfully Bid at or below Discovered Price Post Delisting 1,57 ,69, 173 91.81% 92.67% Offer Promoter and Members of Promoter Group Shareholding (Also refer to the outcome below) No equity shares held in physical form have been tendered in the delisting offer. 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 KR£0 Kreo Capital Private Limited ¢ A e t A C All About Trull CIN: U65999MH2018PTC307425 As the post Delisting Offer shareholding of the Acquirer, along with the Promoters and other members of the Promoter Group of the Company, has exceeded 90% (92.67%) of total number of issued Equity Shares [e xcluding Shares as provided under Regulation 21 (a) SEBI De listing Regulations], the Delisting Offer is successful in terms of Regulation 21 of the SEBI Delisting Regulations, if Discovered Price of Rs. 425/-per Equity Share is accepted by the Acquirer. If the Discovered Price is accepted by the Acquirer, then the payment will be made to all the successful bidders in accordance with Regulation 24 and other provisions of the SEBI Delisting Regulations, SEBI Circulars and the settlement calendar ofBSE Clearing Limited. Lien on unaccepted/ rejected shares will be released on the Equity Shares in their respective Demat accounts of the Public Shar [Showing first 8,000 characters — download PDF for full document]