Hiliks Technologies Ltd
Hiliks Technologies Ltd - 539697 - Public Announcement - Open Offer
01 / The disclosure
What the company shared
Navigant Corporate Advisors Ltd ("Manager to the Offer") has submitted to BSE a copy of Public Announcement under Regulation 3(1), Regulation 4 read with Regulation 13 and Regulation 14 and Regulation 15(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for the attention of the Equity Shareholders of Hiliks Technologies Ltd ("Target Company").
A question for your research
Check transaction size, funding, dilution, approvals and completion conditions before assessing the earnings impact.
Numbers found in document text 3 matches
Automatic text matches, not verified financial metrics. A match may come from a table heading or reporting year. Expand it to inspect the surrounding text and original page.
22.06%Page 2
Accordingly, considering the full conversion of the 11,50,000 convertible warrants allotted by the Board of Directors of the Target Company at its meeting held on September 19, 2026, the Acquirers along with the PACs would hold 31,33,173 Equity Shares on a fully diluted basis, constituting 22.06% of the Expanded Equity and Voting Share Capital of the Target Company.
View source page3.52%Page 2
Pursuant to the Share Purchase Agreement dated October 05, 2026, entered into for the acquisition of 5,00,000 Equity Shares, constituting 3.52% of the Expanded Equity and Voting Share Capital of the Target Company, the Acquirers and PACs would hold 36,33, 173 Equity Shares, constituting 25.59% of the Expanded Equity and Voting Share Capital of the Target Company.
View source page25.59%Page 2
Pursuant to the Share Purchase Agreement dated October 05, 2026, entered into for the acquisition of 5,00,000 Equity Shares, constituting 3.52% of the Expanded Equity and Voting Share Capital of the Target Company, the Acquirers and PACs would hold 36,33, 173 Equity Shares, constituting 25.59% of the Expanded Equity and Voting Share Capital of the Target Company.
View source pageThe evidence
Read the source excerpts
01This Open Offer has been triggered pursuant to the execution of Share Purchase Agreement dated October 05, 2026 (“SPA”) entered into between the Acquirers and the existing promoter of the Target Company.
Page 1
02C NCEMENT *, REGULATION 4 TION 13 AND 14 15(1) OF SEBI L ACQUISITION OF SHARES R 11 FOR Of R LG T, NY”7 - lmu Identification No.
Page 2
03Further, Acquirer-1 was allotted 8,00,000 convertible warrants by the Target Company, each convertible into one Equity Share.
Page 2
04Accordingly, considering the full conversion of the 11,50,000 convertible warrants allotted by the Board of Directors of the Target Company at its meeting held on September 19, 2026, the Acquirers along with the PACs would hold 31,33,173 Equity Shares on a fully diluted basis, constituting 22.06% of the Expanded Equity and Voting Share Capital of the Target Company.
Page 2
05Pursuant to the Share Purchase Agreement dated October 05, 2026, entered into for the acquisition of 5,00,000 Equity Shares, constituting 3.52% of the Expanded Equity and Voting Share Capital of the Target Company, the Acquirers and PACs would hold 36,33, 173 Equity Shares, constituting 25.59% of the Expanded Equity and Voting Share Capital of the Target Company.
Page 2
Source & verificationView the disclosure trail
- Summary method
- Exchange-provided text; no generated financial figures
- Exchange identifier
- f57f2711-fa48-48ed-9bb2-3757c1d25c92
- First collected
- 5 Oct 2026, 22:51 IST
- PDF extraction
- extracted · 2 pages read
- Extraction note
- Source excerpts; financial tables have not been validated.
- Document SHA-256
- 2b7723667c8c92469325ab06fd99e56f1b2292885b599a07ad73872f8aabf9b0