Hiliks Technologies Ltd

Hiliks Technologies Limited has announced a significant change in its promoter shareholding. M/s. Extros Developers Private Limited, a promoter holding 5,00,000 equity shares (3.52% of expanded equity), has executed a Share Purchase Agreement (SPA) to sell its entire stake to M/s. Enact Technologies Private Limited, Mr. Penumatsa Venkata Raju, and Mr. Venkata Lakshmi Narasimha Swamy Boyapati (collectively, the Acquirers). The transaction, valued at ₹72 per share, amounts to a total consideration of ₹3,60,00,000 (₹3.6 Crores). This sale includes the transfer of control and management of the company. The SPA is subject to certain conditions. Following this transaction, the Acquirers are obligated to make an Open Offer to the public shareholders of Hiliks Technologies as per SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Hiliks Technologies Ltd has announced a public open offer for the acquisition of 36,92,000 equity shares, representing 26.00% of the expanded equity and voting share capital. The offer is being made by Enact Technologies Private Limited, Mr. Penumatsa Venkata Raju, and Mr. Boyapati Venkata Lakshmi Narasimha Swamy, along with persons acting in concert. This move is triggered by a Share Purchase Agreement to acquire 5,00,000 equity shares (3.52% of expanded capital) and the acquisition of control over the target company. The acquirers, along with PACs, currently hold 17.88% of the paid-up capital and would hold 25.59% post the share purchase agreement, considering convertible warrants. The offer is in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Navigant Corporate Advisors Ltd has announced an open offer for Hiliks Technologies Limited on behalf of Acquirers Enact Technologies Private Limited, Penumatsa Venkata Raju, and Boyapati Venkata Lakshmi Narasimha Swamy, along with PACs. The offer is for up to 36,92,000 equity shares, representing 26.00% of the expanded equity and voting share capital, at a price of ₹72 per fully paid-up equity share. This open offer is triggered by a Share Purchase Agreement dated October 05, 2026, which will result in the Acquirers gaining control of Hiliks Technologies. Prior to the SPA, the Acquirers and PACs held 17.88% (fully paid-up) and 22.06% (fully diluted), which will increase to 25.59% after the SPA.

Hiliks Technologies Ltd has announced the closure of its trading window for dealing in the company's shares. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut for all designated persons, including promoters, directors, key managerial personnel, and connected individuals. The closure period begins on Thursday, October 1, 2026, and will extend until 48 hours after the conclusion of the Board Meeting where the unaudited financial results for the quarter and half-year ended September 30, 2026, are approved. This measure is standard practice to prevent insider trading during sensitive financial reporting periods.

Aegis Investment Fund, PCC has acquired a 12.09% stake in Hiliks Technologies Limited through a preferential allotment. This acquisition brings Aegis Investment Fund's total holding to 13,00,000 equity shares, representing 12.09% of the total share capital and 9.15% of the total diluted share capital. The total equity share capital of Hiliks Technologies has increased post-acquisition to Rs. 13,05,00,000, with the total diluted share capital standing at Rs. 14,20,00,000.

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.

Hiliks Technologies Ltd has announced the execution of a non-binding Letter of Intent (LOI) for the proposed sale/acquisition of 4.65% of its equity share capital. Extros Developers Private Limited, a promoter, is the proposed seller, and Enact Technologies Private Limited, Mr. Penumatsa Venkata Raju, and Mr. Venkata Lakshmi Narasimha Swamy Boyapati are the proposed acquirers. The transaction involves 5,00,000 equity shares. The consideration will be in cash and is subject to due diligence, definitive agreements, and regulatory compliance, including SEBI SAST Regulations. The completion timeline is to be determined.

Hiliks Technologies Ltd. has announced its 41st Annual General Meeting (AGM) will be held on Friday, September 25, 2026, at 01:00 p.m. via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The company is providing registered members with a web-link and QR code to access the Annual Report for FY 2025-26 and the AGM Notice. For members whose email IDs are not registered, the Annual Report and AGM Notice can be downloaded from a provided web-link. E-voting details include a cut-off date of September 18, 2026, with remote e-voting commencing on September 22, 2026, and ending on September 24, 2026. The notice and annual report are also available on the BSE and NSE websites. Members are advised to update their email addresses with their Depository Participants.

Hiliks Technologies Ltd. has filed its Annual Report for the financial year 2025-26, along with the notice for its 41st Annual General Meeting (AGM). The report includes detailed sections on corporate information, chairman's message, financial highlights, the AGM notice, board's report, secretarial audit report, financial statements (standalone and consolidated), corporate governance, and management discussion & analysis. Key corporate details such as CIN, registered office address, contact information, website, and email are provided. The report also lists the Board of Directors, Key Managerial Personnel, Statutory Auditors, Secretarial Auditor, Internal Auditor, and Registrar & Share Transfer Agent.

Hiliks Technologies Ltd has announced that its 41st Annual General Meeting (AGM) will be held on Friday, September 25, 2026, at 01:00 p.m. The meeting will be conducted through Video Conferencing (VC) and Other Audio Visual Means (OAVM). Key agenda items include the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, the re-appointment of directors retiring by rotation, the re-appointment of Mr. Sandeep Copparapu as Whole-Time Director for a second term, and the appointment of M/s Jain Alok & Associates as Secretarial Auditor for a five-year term.