Hiliks Technologies Ltd — Important, 01-09-2025: Company Update

Hiliks Technologies' board has approved the conversion of 5 lakh warrants into an equal number of equity shares for Enact Technologies Private Limited, a non-promoter. This conversion generated Rs. 1.3875 crore for the company, based on an issue price of Rs. 37 per share, with 75% of the issue price collected. Consequently, the company's paid-up capital has increased to Rs. 10 crore, now comprising 1 crore shares. There are still 8 lakh warrants outstanding for future conversion, offering potential for further capital inflow and equity expansion.