Announced Sat, 6 Sept · 15:57 IST

Please find attached revised notice of 40th AGM of Hiliks Technologies Limited

Board & Shareholder Meetings View source PDF

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AI summary

Hiliks Technologies has rescheduled its 40th Annual General Meeting from Friday, September 19, 2025 to Tuesday, September 30, 2025 at 1:00 p.m. via video conferencing, citing non-availability of managerial personnel on the original date. The meeting will consider ordinary business including adoption of the audited financial statements for FY25 and the re-appointment of Sandeep Copparapu as director, who retires by rotation. Special business includes regularization of three additional directors — Mr. Veera Venkata Ramana Varma Mudunuri as Non-Executive Non-Independent Director, Ms. Srivalli Tirokuvalluri as Non-Executive Director, and Mr. Bhanu Dinesh Alava as Independent Director for a five-year term. Shareholders will also vote on increasing the company's borrowing and asset-disposal limits to INR 50 crores each, and raising the authorized share capital from INR 12 crores to INR 20 crores (12 cr to 20 cr equity shares). E-voting window runs from September 27 to September 29, 2025, with cut-off date of September 23, 2025.

Likely market impact

Investors should mark the new AGM date of September 30, 2025, with e-voting open September 27-29. The proposed doubling of authorized share capital and the expanded borrowing/asset-pledge limits up to INR 50 crores are material proposals that could enable future fundraising or debt expansion.