Description
BSE lists 5,00,000 new equity shares of Hiliks Technologies Limited issued on preferential basis pursuant to conversion of warrants, effective November 4, 2025.
Summary
BSE has approved the listing of 5,00,000 new equity shares of HILIKS TECHNOLOGIES LIMITED (Scrip Code: 539697) issued to Non-Promoters on a preferential basis pursuant to conversion of warrants. The shares will commence trading from November 4, 2025, with a lock-in period extending until May 31, 2026.
Key Points
- 5,00,000 equity shares of Rs. 10/- each issued at a premium of Rs. 27/-
- Total issue price: Rs. 37/- per share
- Issued to Non-Promoters on preferential basis
- Shares issued pursuant to conversion of warrants
- Distribution Numbers: 9500001 to 10000000
- New shares rank pari-passu with existing equity shares
- ISIN: INE966Q01010
Regulatory Changes
No regulatory changes. This is a standard listing notification for new securities.
Compliance Requirements
- Trading members are informed to take note of the new securities listing
- All 5,00,000 shares are subject to lock-in requirements until May 31, 2026
- Shares cannot be transferred or sold before the lock-in expiry date
Important Dates
- Date of Allotment: September 1, 2025
- Trading Commencement Date: November 4, 2025
- Lock-in Expiry Date: May 31, 2026
- Notice Date: November 3, 2025
Impact Assessment
This is a routine corporate action with limited market impact. The listing represents a modest capital raise through warrant conversion, adding 5,00,000 shares to the company’s existing equity base. The 9-month lock-in period ensures these shares will not immediately affect market liquidity. Impact is restricted to existing shareholders of Hiliks Technologies Limited through potential dilution effects.
Impact Justification
Routine listing of preferential shares after warrant conversion affecting a small company with limited market impact