Hittco Tools AGM 2026: 32nd meet set for Sep 30

AGM date, time and meeting mode

Hittco Tools has scheduled its 32nd Annual General Meeting (AGM) for September 30, 2026. The meeting is set to be held at 11:00 am. The company said the AGM will be conducted through Video Conferencing or Other Visual Means (VC/OAVM). This format keeps the meeting aligned with electronic participation, rather than a physical venue-based gathering.

For shareholders, the key point is that the AGM date and time are now fixed and can be tracked alongside other compliance steps such as notice dispatch and voting-related timelines. The AGM also comes after the board moved ahead with approvals tied to the company’s annual reporting cycle for the financial year ended March 31, 2026.

What the board approved on September 5, 2026

The company’s Board of Directors met on September 5, 2026. At this meeting, the board approved the Directors' Report and the Annual Report for the fiscal year ended March 31, 2026. This approval is a key procedural step before the annual report is placed before shareholders at the AGM.

The board meeting agenda also included taking note of the Secretarial Audit Report for the same financial year ended March 31, 2026. Alongside this, the board was to fix the date and time for conducting the 32nd AGM and consider and approve the draft notice for the AGM. These steps typically determine how the meeting is convened and how shareholders are informed of the business to be transacted.

AGM process items: voting and scrutiny

As part of the same process, the board agenda included fixing dates for book closure, the cut-off date, record date, and e-voting. It also included consideration and approval for the appointment of a scrutinizer. While the detailed dates for book closure and voting were not provided in the available information, the inclusion of these items indicates the company is putting in place the compliance framework required for shareholder voting.

For investors, these administrative steps matter because they determine eligibility for participation and voting. They also influence the timeline for shareholders to review the annual report and AGM notice before casting votes electronically.

Key company snapshot and listed identity

Hittco Tools is listed on BSE under the scrip code 531661. It is classified under Capital Goods - Non Electrical Equipment and is described as a small-cap company in the provided data. The current share price cited in the source is Rs 14.85.

The company’s disclosed product range includes HSS tools, drills, taps and customised products. It also includes solid carbide tools such as drills, end mills, ground rods, reamers and customised products. Its address is listed as No-17-C, KIADB Industrial Area, 2nd Phase, Peenya, I Stage, Bengaluru, Karnataka 560058.

Recent sales trend: June 2026 quarter update

The company’s standalone net sales for June 2026 were reported at Rs 2.02 crore. This was stated to be up 21.14% year-on-year. While the underlying drivers of this increase were not detailed in the information available, the sales growth provides context on operating momentum around the time the company is moving through its AGM cycle.

Separately, the company reported an improvement in Q1 FY27 profitability metrics, with net loss narrowing to ₹5.93 lakh from ₹28.78 lakh in the previous year. This indicates a reduction in losses on a year-on-year basis for that quarter, based on the figures provided.

Board meeting calendar: results and capital actions

The company had indicated it would hold a board meeting on August 10, 2026, to approve Q1 FY27 financial results. The quarter referenced is the quarter ended June 30, 2026. Such board meetings are key events for investors looking for official confirmation of quarterly performance.

In another corporate action, Hittco Tools Ltd was also reported to have planned a board meeting on July 15, 2026, to consider increasing its authorized share capital and altering the Memorandum of Association. The details of any outcome from that meeting were not included in the provided information, but the agenda indicates the company has been evaluating corporate structure changes.

Preferential allotment: funds raised and capital base

HITTCO TOOLS LIMITED reported raising ₹61,94,400 through the allotment of 4,45,000 equity shares at ₹13.92 per share. The price included a premium of ₹3.92 per share. Following this allotment, the paid-up equity share capital was stated to be ₹6,48,10,470.

These facts matter for shareholders because equity issuances can change the share count and affect per-share metrics. The information provided does not include the allotment date in the same line as the figures, but it was described as a successful capital raise via preferential allotment.

Leadership changes disclosed alongside board actions

In board decisions dated March 28, 2026, the company accepted the resignations of Independent Director Mr. Rajeev Shantilal Desai and Chairman Mr. Rajeev Gobindram Hassanand, both effective March 28, 2026. Subsequently, Mr. Surendra Bhandari was appointed as the new Chairman of the company.

These changes provide context on governance developments during FY26 and early FY27. Leadership transitions can be an important factor for investors tracking strategy and oversight, particularly in smaller listed companies.

Key facts table

Market impact and what investors usually track next

An AGM schedule and annual report approval are primarily compliance and governance milestones, but they help investors map the company’s near-term event calendar. For smaller companies, clarity on timelines for reports, notices and voting can reduce information gaps for retail shareholders.

Investors also tend to watch how quarterly performance trends line up with annual disclosures. In Hittco Tools’ case, the reported June 2026 standalone net sales of Rs 2.02 crore and the stated narrowing of quarterly net loss to ₹5.93 lakh provide performance markers around the period of corporate announcements. Separately, the earlier preferential allotment and the stated paid-up capital figure provide context on recent equity capital actions.

Conclusion

Hittco Tools has fixed September 30, 2026 at 11:00 am for its 32nd AGM via VC/OAVM, after its board approved the FY26 Directors' Report and Annual Report on September 5, 2026. The next investor checkpoints, based on the disclosed schedule, include the release of Q1 FY27 results tied to the board meeting slated for August 10, 2026 and the AGM notice and e-voting process details as they are communicated.