Hiliks Technologies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/12/2025 ,inter alia, to consider and approve allotment of equity shares ....
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Awaiting price reaction for this filing.
Hiliks Technologies has informed the stock exchanges that its Board of Directors will meet on Wednesday, 10th December 2025, via video conferencing. The key item on the agenda is to consider and approve the allotment of equity shares on a preferential basis pursuant to the conversion of warrants. The filing is signed by Sandeep Copparapu, Whole Time Director of the company. This is a routine intimation under SEBI Listing Obligations disclosing a forthcoming corporate action. The company is listed on both BSE (Scrip Code: 539697) and Metropolitan Stock Exchange (Scrip Code: HILIKS).
For shareholders, this means the company is moving ahead with converting previously issued warrants into actual equity shares, which will dilute existing shareholding but also reflects that warrant holders see value in the stock. Watch for the post-meeting announcement to see how many shares are being allotted and at what price.