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The acquirers agreed to acquire 5 lakh promoter shares from Extros Developers at ₹72 each, obtaining control of Hiliks, and launched a cash open offer for up to 36.92 lakh shares (26% of expanded capital) at ₹72, totaling up to ₹26.58 crore. Context: formalizes the non-binding stake-transfer proposal.
Hiliks Technologies Allots 23 Lakh Shares Plus Warrants Worth Rs 24.84 Crore
Hiliks Technologies Approves ₹24.84 Crore Preferential Issue to Non-Promoter Investors
Hiliks Technologies Secures ₹95.51 Crore Rail Signaling Sub-contract from KMC
Hiliks Technologies Bags ₹37.76 Crore Rail Signaling Sub-contract from Railone