StockWatch
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Investment Company
Investment19 Sept 2026, 03:41 pm

Hiliks Technologies Allots Equity Shares and Warrants

AI Summary

Hiliks Technologies Ltd announced on September 19, 2026, the Board's approval for the preferential allotment of 23,00,000 equity shares and 11,50,000 convertible warrants. The equity shares were issued at ₹72 each, raising ₹16.56 crore. The convertible warrants, also priced at ₹72 each, with each warrant convertible into one equity share, saw an initial payment of 25% (₹2.07 crore), with the remaining 75% outstanding. These allotments are on a preferential basis, following shareholder and exchange approvals.

Key Highlights

  • Board approved allotment of 23,00,000 equity shares.
  • Board approved allotment of 11,50,000 convertible warrants.
  • Equity shares issued at ₹72 each, raising ₹16.56 crore.
  • Warrants issued at ₹72 each, with 25% upfront payment.
  • Allotments are on a preferential basis.