Hiliks Technologies Limited has successfully completed its registered office relocation from Maharashtra to Telangana after receiving regulatory approval. The Hon'ble Regional Director, Western Region, Mumbai, approved the shifting through an order dated December 22, 2025, which was physically received by the company on January 2, 2026.

Regulatory Approval Details

The company informed stock exchanges about the completion of this significant corporate action under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The approval encompasses:

Shareholder Mandate Fulfilled

This regulatory approval follows the overwhelming shareholder support received earlier through a postal ballot conducted via remote e-voting. The special resolution achieved remarkable backing from stakeholders:

Corporate Restructuring Complete

The approved changes include the shifting of registered office from Maharashtra to Telangana and consequential amendment in Clause II of the Memorandum of Association. The voting process demonstrated strong institutional confidence with 25.38% turnout from 8,820,000 total shares.

The e-voting period ran from August 23, 2025, to September 21, 2025, with Mr. Alok Jain of Jain Alok & Associates serving as the scrutinizer. The record date was set for August 15, 2025, covering 2,014 total shareholders.

Current Status and Next Steps

With regulatory approval now secured, Hiliks Technologies has completed all necessary requirements for the office relocation. The company's Whole Time Director, Sandeep Copparapu (DIN: 08306534), signed the official intimation to stock exchanges confirming the successful completion of this corporate restructuring initiative.

The company continues to trade on BSE (539697) and Metropolitan Stock Exchange of India (HILIKS), with its operations now formally transitioned under the new registered office framework in Telangana.

Hiliks Technologies Limited has announced the conversion of 7,50,000 warrants into equity shares, marking another significant step in its capital raising activities. The Board of Directors approved this conversion on December 10, 2025, following receipt of the requisite amount from warrant holders belonging to the non-promoter category.

Warrant Conversion Details

The conversion involves 7,50,000 warrants being converted into an equal number of equity shares at an issue price of ₹37.00 per warrant. The company received ₹2,08,12,500 from the allottees, representing 75% of the issue price per warrant as required under SEBI regulations.

Allottee Information and Shareholding Changes

The warrant conversion was executed on a preferential basis to investors from the non-promoter category. The two allottees and their respective shareholding changes are detailed below:

Substantial Acquisition Disclosure

Enact Technologies Private Limited has filed a substantial acquisition disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure confirms the acquisition of 4,50,000 equity shares through warrant conversion, increasing their total shareholding in Hiliks Technologies.

Impact on Share Capital

Following this conversion, the company's issued, subscribed and paid-up equity share capital has increased to ₹10,75,00,000, consisting of 1,07,50,000 fully paid-up equity shares of ₹10.00 each. The newly allotted equity shares will rank pari-passu with the existing equity shares of the company.

Outstanding Warrants and Previous Conversions

Despite this conversion, 50,000 warrants remain pending for conversion. The warrant holders are entitled to convert their warrants into equity shares by paying the remaining 75% of the issue price within 18 months from the original warrant allotment date of June 21, 2024.

This conversion is part of an ongoing series of warrant conversions by the company. Previous conversions include allotments on October 10, 2024 (18,00,000 shares), December 13, 2024 (7,20,000 shares), February 13, 2025 (3,00,000 shares), June 18, 2025 (6,80,000 shares), and September 19, 2025 (5,00,000 shares). The original warrant allotment comprised 48,00,000 convertible warrants at ₹37.00 per warrant issued in June 2024.