Niks Technology: Public Statement Issued for Open Offer

Niks Technology Limited has received a detailed public statement (DPS) from Navigant Corporate Advisors Limited regarding an open offer. This statement, issued on behalf of acquirers Nilesh Jayantilal Patel, Vishal Jayantilal Patel, and Bharatkumar Pravinchandra Keshrani, complies with SEBI (SAST) Regulations, 2011. The open offer is for the acquisition of up to 23,16,964 equity shares, representing 26.00% of the expanded equity share capital on a fully diluted basis. This follows a proposed preferential issue of 65,73,600 equity shares at ₹136 per share, including warrants, as part of an underlying transaction involving Dev Satya Infra Private Limited. The company also provided financial highlights for the past three fiscal years, showing a decline in revenue and net income for FY26 compared to FY25.