Announced Tue, 21 Jul · 12:14 IST

Corrigendum to postal ballot notice for preferential issue of shares and warrants

Fund Raising View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.0%1-day move
₹73.00
prior close
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0-4.1-3.5-1.4
Up moveDown movePending
AI summary

Hiliks Technologies issued a corrigendum to its postal ballot notice for raising about Rs. 24.80 crores through a preferential issue of equity shares and convertible warrants. The corrigendum clarifies use of proceeds: Rs. 22 crores for working capital and Rs. 2.84 crores for general corporate purposes. E-voting runs from July 3 to August 1, 2026. BSE and MSEI had asked for more detail on the object of issue, now provided.

Likely market impact

Shareholders to vote on fund raise plan. Existing equity may dilute once warrants convert to shares within 18 months of allotment.