PFA copy of Public Announcement dated 5th October, 2026 received from Navigant Corporate Advisors Limited, Manager to the Offer

HILIKS TECHNOLOGIES LIMITED Date: 06-10-2026 To, To, The Manager, Metropolitan Stock Exchange of India Ltd. Listing Department, (Formerly known as “MCX Stock Exchange Limited”) BSE Limited, Building A, Unit 205A, 2nd Floor, Phiroze Jeejeebhoy Towers, Piramal Agastya Corporate Park, L.B.S Road, Dalal Street, Mumbai – 400 001 Kurla West, Mumbai - 400 070 BSE Scrip Code: 539697 MSEI Scrip Code: HILIKS Subject: Public Announcement for the Open Offer to Acquire Equity Shares from the Public Shareholders of Hiliks Technologies Limited (“Target Company”) pursuant to Regulations 3(1) and 3(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), we hereby inform the Stock Exchange that the Company has received a copy of the Public Announcement dated October 05, 2026 (“Public Announcement”) made by Navigant Corporate Advisors Limited, Manager to the Offer, on behalf of Enact Technologies Private Limited, Mr. Penumatsa Venkata Raju and Mr. Boyapati Venkata Lakshmi Narasimha Swamy (collectively, the “Acquirers”), along with the persons acting in concert with them, in relation to the proposed acquisition of equity shares of the Company from the public shareholders pursuant to Regulations 3(1) and 4 and other applicable provisions of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI SAST Regulations”). A copy of the said Public Announcement is enclosed herewith for your information and record. Thanking you, For Hiliks Technologies Limited COPPARAPU Digitally signed by COPPARAPU SANDEEP SANDEEP Date: 2026.10.06 15:48:58 +05'30' Sandeep Copparapu Whole Time Director DIN: 08306534 HILIKS TECHNOLOGIES LIMITED CIN: L72100TS1985PLC210702 Regd. Off.: Flat No. 510, Aparna Greens, Nanakramguda Hyderabad-500032 Telangana Contact No. +91 7799169999. Website: http://hiliks.com// Email ID: anubhavindustrial@gmail.com C NCEMENT *, REGULATION 4 TI1O3 N AND 14 15(1) OF SEBI L ACQUISITION OF SHARES R 11 FOR Of R LG T, NY”7 - lmu Identification No. L72100TS1985PLC210702) Registered Office: Flat No. 510, Aparna Greens, Nanaknmguda Hyderabad-500032 Te!angma, Phone No.: +91- 7799169999; Email id: anubhavi il.com; Website: www. hiliks.com CASH OFFER FOR ACQUISITION OF EQUITY SHARES FROM SHAREHOLDERS OPEN OFFER FOR ACQUISITION OF 36,92,000 (THIRTY-SIX LAKHS NINETY-TWO THOUSAND) FULLY PAID- UP EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH ("EQUITY SHARES") CONSTITUTING 26.00% OF THE EXPANDED EQUITY AND VOTING SHARE CAPITAL OF HILIKS, ON A FULLY DILUTED BASIS, FROM THE PUBLIC SHAREHOLDERS OF HILIKS BY ENACT TECHNOLOGIES PRIVATE LIMITED (ACQUIRER-1 PENUMATSA VENKATA RAJU (ACQUIRER-2) AND BOYAPATI VENKATA LAKSHMI NARASIMHA SWAMY (ACQUIRER-3) (ACQUIRER-1, ACQUIRER-2 AND ACQUIRER-3 HEREINAFTER COLLECTIVELY REFERRED TO AS THE "ACQUIRERS") ALONG WITH KALIDINDI HARSHITHA (PAC-1), KALIDINDI HEMANTH VARMA (PAC-2) AND KALIDINDI SUNITHA (PAC-3) (PAC-1, PAC-2 AND PAC-3 HEREINAFTER COLLECTIVELY REFERRED TO AS THE "PACS") (PURSUANT TO AND IN ACCORDANCE WITH REGULATION 3 (1) AND REGULATION 4 READ WITH OTHER APPLICABLE PROVISIONS OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011, AS AMENDED ("SEBI (SAST) REGULATIONS", “As on the date of this Public Announcement, the Acquirers along with the PACs hold 23,33,173 Equity Shares of the Target Company, constituting 17.88% of the Fully Paid-up Equity Share Capital. Further, Acquirer-1 was allotted 8,00,000 convertible warrants by the Target Company, each convertible into one Equity Share. Accordingly, considering the full conversion of the 11,50,000 convertible warrants allotted by the Board of Directors of the Target Company at its meeting held on September 19, 2026, the Acquirers along with the PACs would hold 31,33,173 Equity Shares on a fully diluted basis, constituting 22.06% of the Expanded Equity and Voting Share Capital of the Target Company. Pursuant to the Share Purchase Agreement dated October 05, 2026, entered into for the acquisition of 5,00,000 Equity Shares, constituting 3.52% of the Expanded Equity and Voting Share Capital of the Target Company, the Acquirers and PACs would hold 36,33, 173 Equity Shares, constituting 25.59% of the Expanded Equity and Voting Share Capital of the Target Company. Further, pursuant to the terms of the Share Purchase Agreement, the Acquirers shall acquire control of the Target Company. Accordingly, the Open Offer is being triggered under Regulation 3(1) and Regulation 4 of the SEBI (SAST) Regulations, 2011. This Public Announcement (“Public Announcement” or "PA”) is being issued by Navigant Corporate Advisors Limited (the "Manager to the Offer”) for and on behalf of the Acquirers and PACs, to the Public Shareholders of the Target Company pursuant to and in compliance with Regulations 3(1) and Regulation 4 read with other applicable provisions of the SEBI (SAST) Regulations. DEFINITIONS: “Equity Shares” means the fully paid-up equity shares of Target Company of face value of Rs. 10/- (Rupees Ten Only) each. “Fully Paid-up Equity Share Capital” means paid up share capital of the Target Company i.e., Rs. 13,05,00,000 divided into 1,30,50,000 Equity Shares of Rs. 10/- Each. “Expanded Equity & Voting Share Capital” means 1,42,00,000 fully paid-up equity shares of the face value of Rs. 10/- each of the Target Company, considering the conversion of 11,50,000 convertible warrants which has been allotted by Board of Directors at its meeting held on September 19, 2026 on which listing and trading approval is awaited from stock exchange(s). "Offer” or "Open Offer” means the open offer for acquisition up to 36,92,000 (Thirty-Six Lakhs Ninety- Two Thousand) Equity Shares, representing 26.00% of the expanded equity and voting share Capital of Target Company. "Offer Price” has the meaning described to such term under paragraph 1. "Offer Size™ has the meaning described to such term under paragraph 1. "PAC"/ “PACs” means person acting in concert(s). “Public Shareholders” means all the equity shareholders of the Target Company other than the Acquirers, PACs, the Seller/parties to the Share Purchase Agreement and persons deemed to be acting in concert with any of the aforesaid persons. "SPA” or "Agreement” has the meaning described to such term under paragraph 2. 1. OFFER DETAILS: « Offer Size: This Open Offer is being made by the Acquirers and PACs for acquisition of 36,92,000 fully paid-up Equity Shares of Rs. 10/- Each constituting 26.00% of the Expanded equity and voting share capital of the Target Company. * Offer Price: The Offer Price is Rs.72/- (Rupees Seventy-Two only) per fully paid-up Equity Share (“Offer Price”), determined in accordance with Regulation 8 of the SEBI (SAST) Regulations, 2011. Assuming full acceptance of the Offer, the total consideration payable by the Acquirers will be Rs. 26,58,24,000/- (Rupees Twenty-Six Crores Fifty-Eight Lakhs Twenty-Four Thousand Only). The Offer Price has been determined in accordance with Regulation 8 of the SEBI (SAST) Regulations, 2011. * Mode of Payment: The entire consideration will be paid in cash, in accordance with the provisions of Regulation 9 (1) (a) of SEBI (Substantial Acquisition of Shares and Takeovers), Regulations, 2011 (Regulations). * Type of Offer (Triggered offer. Voluntary-offer/competi ffer etc.): The Offer is a Triggered Offer made under Regulations 3(1) and 4 of the SEBI (SAST) Regulations, 2011 pursuant to the execution of the Share Purchase Agreement for acquisition of shares, voting rights and control of the Target Company, and consequential change in control of the Target Company. 2. TRANSACTION WHICH HAS TRIGGERED THE OPEN OFFER _OBLIGATIONS (UNDERLYING TRANSACTION): * The Acquirers have entered into a Share Purchase Agreement dated October 05, 202 [Showing first 8,000 characters — download PDF for full document]