Hiliks Technologies: Open Offer for 26% stake at ₹72/share

Navigant Corporate Advisors Ltd, acting as Manager to the Offer, has submitted a Detailed Public Statement regarding an open offer for Hiliks Technologies Ltd. Enact Technologies Private Limited, Penumatsa Venkata Raju, and Boyapati Venkata Narasimha Swamy, along with persons acting in concert (PACs), are acquiring up to 36,92,000 equity shares, representing 26.00% of the expanded equity share capital. The offer price is ₹72 per share. This open offer is triggered under SEBI (SAST) Regulations, 2011, as the acquirers will gain control of the company. The Detailed Public Statement was published on October 12, 2026.