BSEHiliks Technologies LtdMediumNeutral
Announced Mon, 22 Dec · 12:35 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Enact Technologies Pvt Ltd

Creeping Acquisition Near ThresholdOwnership Changes 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

Awaiting price reaction for this filing.

AI summary

Enact Technologies Pvt Ltd, a non-promoter entity, acquired 4,50,000 equity shares (4.19% of total share capital) of Hiliks Technologies Ltd on December 10, 2025. The shares were allotted through conversion of warrants. Post-acquisition, Enact Technologies' total holding in Hiliks Technologies stands at approximately 20.09% (combining 19.62% shares and 0.47% warrants), up from 19.99% earlier. Hiliks Technologies' equity share capital rose from Rs. 10 crore to Rs. 10.75 crore following this warrant conversion. Enact Technologies is explicitly stated as not belonging to the promoter/promoter group.

Likely market impact

A non-promoter entity crossing the 20% shareholding mark gives it more voting influence in company decisions and brings it closer to the 25% SAST takeover trigger threshold, which could lead to further regulatory disclosures or larger stake accumulation in the future.