Hiliks Technologies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/09/2025 ,inter alia, to consider and approve allotment of equity shares ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Hiliks Technologies has informed exchanges that its Board of Directors will meet on Monday, 1st September 2025 at 11:00 A.M. The key agenda item is to consider and approve the allotment of equity shares on a preferential basis pursuant to the conversion of warrants. The company is listed on both BSE (Scrip Code: 539697) and MSEI (Scrip Code: HILIKS). No pricing details, number of shares, or warrant holder names have been disclosed in this intimation.
The conversion of warrants into equity shares will increase the company's share count, leading to potential dilution for existing shareholders. The actual impact on the stock price will depend on the conversion price and the identity of the allottees, which will likely be disclosed post the board meeting on 1st September.