BSECompany Update6 Oct 2026 · 6 Oct 2026, 04:22 pm

Pursuant to Regulation 30 of the SEBI(LODR) Regulations, 2015 read with Clause 5A of Para A of Part A of Schedule III thereof, we wish to inform you that the promoters of Hiliks Technologies Limited, have entered into a Share Purchase Agreement on 05th October, 2026 ("SPA"). It is important to note that the company is not a party to the SPA. The requisite details of SPA is attched herwith as Annexure-"A"

Hiliks Technologies Ltd · 539697

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Hiliks Technologies Ltd has announced that its promoter, Extros Developers Private Limited, has entered into a Share Purchase Agreement with Enact Technologies Private Limited and two individuals to sell 5,00,000 equity shares, representing 3.52% of the company's expanded equity and voting share capital, at Rs. 72 per share for a total consideration of Rs. 3,60,00,000. The transaction is subject to certain conditions and the acquirers are required to make an open offer to public shareholders.

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Hiliks Technologies Ltd - 539697 - Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (''LODR Regulations'') Read With Clause 5A Of Para A Of Part A Of Schedule III Of SEBI (LODR) Regulations, 2015

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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 Sir/Madam, Sub: Disclosure under Regulation 30 and 30A read with Clause 5 and 5A of para-A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI LODR Regulations”) read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 by Hiliks Technologies Limited (“Company”) Pursuant to the provisions of Regulation 30 and 30A read with Clause 5 and 5A of para-A of Part A of Schedule III of the SEBI LODR Regulations, we wish to inform you that the Company has received an intimation that: M/s. Extros Developers Private Limited (formerly known as Pacheli Developers Private Limited) (Promoter) (“Seller”), holding 5,00,000 Equity Shares constituting 3.52% of the Expanded Equity and Voting Share capital of the Company, has executed a Share Purchase Agreement (“SPA”) dated 05th October, 2026 with M/s. Enact Technologies Private Limited (“Acquirer 1”), Mr. Penumatsa Venkata Raju (“Acquirer 2”) and Mr. Venkata Lakshmi Narasimha Swamy Boyapati (“Acquirer 3”) (collectively the “Acquirers”), for the sale of an aggregate of 5,00,000 fully paid-up equity shares of face value of Rs. 10/- each, constituting 3.52% of the Expanded Equity and Voting Share capital, at a price of Rs. 72/- per equity share, aggregating to a total consideration of Rs. 3,60,00,000/- (Rupees Three Crores Sixty Lakhs Only) (“Proposed Transaction”), along with the transfer of control and management of the Company. The Proposed Transaction is subject to certain conditions as set out in the SPA. Further, pursuant to execution of the SPA, the Acquirers are required to make an Open Offer to the public shareholders of the Company in terms of the applicable provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosures in accordance with SEBI LODR Regulations read with SEBI Master Circular no. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, are attached hereto as “Annexure A”. Kindly take the above information on record. Yours sincerely, For Hiliks Technologies Limited 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 HILIKS TECHNOLOGIES LIMITED ANNEXURE – A (Disclosure under Regulation 30 and 30A read with Clause 5 and 5A of para-A of Part A of Schedule III of the SEBI LODR Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 by Hiliks Technologies Limited) Sr. Particulars Description 1. If the listed entity is a party to the agreement: No, the listed entity, i.e., the Company is not a party to the SPA. details of counterparties (including name and relationship with the listed entity); 2. If listed entity is not a party to the agreement, The Share Purchase Agreement (“SPA”) dated 05th October, 2026 name of the party entering into such an was entered into by and between the following parties: agreement and the relationship with the listed M/s. Extros Developers Private Limited (formerly known as Pacheli entity; details of the counterparties to the Developers Private Limited) (Promoter) (“Seller”), holding 5,00,000 agreement (including name and relationship equity shares constituting 3.52% of Expanded Equity and Voting with the listed entity); date of entering into the Share capital, which, as stated in the SPA, is the total shareholding agreement. of the Promoter of the Company; M/s. Enact Technologies Private Limited (“Acquirer 1”), Mr. Penumatsa Venkata Raju (“Acquirer 2”) and Mr. Venkata Lakshmi Narasimha Swamy Boyapati (“Acquirer 3”), collectively the “Acquirers”, who are not related to the existing Promoter/Promoter Group of the Company; for the sale of an aggregate of 5,00,000 fully paid-up equity shares of face value of Rs. 10/- each, constituting 3.52% of Expanded Equity and Voting Share capital, at a price of Rs. 72/- per equity share, aggregating to Rs. 3,60,00,000/- (Rupees Three Crores Sixty Lakhs Only), along with control of the Company (“Proposed Transaction”). The Acquirers are acquiring 1,00,000, 1,50,000 and 2,50,000 equity shares respectively (Acquirer 1, Acquirer 2 and Acquirer 3). 3. Purpose of entering into the agreement To sell 5,00,000 (Five Lakh) equity shares held by the Seller, being the total shareholding of the Promoter and representing 3.52% of Expanded Equity and Voting Share capital of the Company, together with control of the Company, to the Acquirers, pursuant to the SPA. 4. Shareholding, if any, in the entity with whom Not Applicable the agreement is executed 5. Significant terms of the agreement (in brief) – The SPA provides for the sale of the above 5,00,000 equity shares special rights like right to appoint directors, (“Sale Shares”) along with control of the Company at Rs. 72/- per subscription in case of issuance of Shares, right share, for a total consideration of Rs. 3,60,00,000/-, payable by the to restrict any change in capital structure etc. Acquirers as follows: (i) Rs. 36,00,000/- on signing of the SPA; and (ii) the balance Rs. 3,24,00,000/- within 15 working days of the post- Effective Date / Transfer Date, as applicable. The sale and purchase are subject to compliance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“Takeover Regulations”). The Sale Shares shall be transferred in 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 HILIKS TECHNOLOGIES LIMITED Sr. Particulars Description demat form after the Effective Date (22nd working day from the date of the Detailed Public Statement), subject to the Acquirers depositing 100% of the open offer consideration in escrow in accordance with Regulation 22(2) of the Takeover Regulations; otherwise, the Sale Shares shall be transferred after the Transfer Date (the next business day following the later of 120 days from execution of the SPA or completion of the requirements of the Takeover Regulations). If the Company does not comply with the Takeover Regulations, the SPA shall not be acted upon by either party. Upon completion of transfer of the Sale Shares, the Seller and its nominees shall resign from the Board of Directors of the Company and the Acquirers shall, either themselves or through their nominees, be appointed to the Board within 15 working days from such transfer. The SPA does not confer on the Acquirers any special right to subscribe to a further issue of shares/securities or any pre- emptive right. The SPA contains representations, warranties, covenants and indemnities by the Seller and the Acquirers. It is irrevocable and may be terminated only by mutual written consent of all parties, or where SEBI or any other government authority so directs. Post change in management, the Seller shall apply for reclassification from the promoter category to the public category in accordance with Regulation 31A of the SEBI (LODR) Regulations, 2015. The SPA is governed by the laws of India, with arbitration seated in Hyderabad and the courts at Hyderabad having exclusive jurisdiction. 6. Extent and the nature of impact on Upon completion of the transfer of the Sale Shares as contemplated man [Showing first 8,000 characters — download PDF for full document]