Description
HILIKS TECHNOLOGIES LIMITED lists 5,00,000 equity shares issued at Rs. 37/- per share 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 securities will commence trading on November 4, 2025, with a lock-in period extending until May 31, 2026.
Key Points
- 5,00,000 equity shares of face value Rs. 10/- each issued at a premium of Rs. 27/-
- Issue price: Rs. 37/- per share
- Allotment date: September 1, 2025
- Trading commencement: November 4, 2025
- Shares issued to Non-Promoters on preferential basis
- Shares rank pari-passu with existing equity shares
- ISIN: INE966Q01010
- Distinctive numbers: 9500001 to 10000000
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members are informed to note the new securities available for trading
- Lock-in restrictions must be observed: all 5,00,000 shares are locked-in until May 31, 2026
- Shares cannot be transferred or traded by allottees until lock-in expiry
Important Dates
- Allotment Date: September 1, 2025
- Trading Commencement: November 4, 2025
- Lock-in Expiry: May 31, 2026
Impact Assessment
Limited market impact as this is a routine listing notification for a single company’s preferential issue. The addition of 5,00,000 shares represents capital raised through warrant conversion. Lock-in provisions ensure these shares remain with current holders until May 2026, preventing immediate market dilution. Trading members can facilitate transactions in these securities from November 4, 2025, subject to lock-in restrictions.
Impact Justification
Routine listing of preferential shares from warrant conversion for a single company with limited market-wide impact