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Hiliks Technologies informs about outcome of board meeting

13 Feb 2025 Evaluate
Hiliks Technologies has informed that the Board of Directors of the Company at their meeting held on Thursday, 13th February, 2025 considered and approved the following: Un-audited Financial Results for the quarter ended 31st December, 2024, along with the Limited Review Report as approved by the Statutory Auditor; Allotment of 3,00,000 equity shares on preferential basis pursuant to conversion of 3,00,000 warrants upon receipt of amount aggregating to Rs 83,25,000 (being 75% of the issue price per warrant). The new equity shares so allotted shall rank pari-passu with the existing equity shares of the Company. The information in connection with the allotment of securities pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, is enclosed as Annexure I; Authorisation for incorporation of wholly owned subsidiary in United States of America with an object of providing information technology services and solutions, including consultancy in software and networking with emphasis on new technologies such as Artificial Intelligence etc. and to make an investment amounting up to US$ 1 million subject to the necessary approval of Reserve Bank of India and other applicable regulatory authorities as required. The meeting of the Board of Directors commenced at 01:00 pm and concluded at 04:45 pm.

The above information is a part of company’s filings submitted to BSE.

Hiliks Technologies Share Price

48.38 1.35 (2.87%)
17-Apr-2026 16:59 View Price Chart
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