Hiliks Technologies Ltd — Important, 01-07-2026: Company Update

Hiliks Technologies' Board has approved a significant capital raise by issuing up to 23 Lakh equity shares at Rs. 72 each, totaling Rs. 16.56 Cr, through a preferential allotment to non-promoter investors. Additionally, the company will issue up to 11.50 Lakh convertible warrants at Rs. 72 each, potentially raising another Rs. 8.28 Cr upon full conversion. These warrants are convertible into equity shares within 18 months. Both proposals require shareholder approval via postal ballot. This move aims to strengthen the company's financial position and support future growth initiatives, impacting shareholder dilution.