Hiliks Technologies to Raise Funds via Equity and Warrants

Hiliks Technologies Ltd announced its Board of Directors has approved a plan to raise funds through the issuance of equity shares and convertible warrants. The company plans to issue up to 23,00,000 equity shares at ₹72 each and up to 11,50,000 warrants convertible into equity shares at the same price. These issuances are subject to shareholder approval and are targeted at non-promoter categories. The total fundraising potential from equity shares is approximately ₹16.56 crore. The company is seeking shareholder consent via a postal ballot, with e-voting facilitated through CDSL.