Navigant Corporate Advisors Ltd ("Manager to the Offer") has submitted to BSE a copy of Detailed Public Statement for the attention of the Equity Shareholders of Hiliks Technologies Ltd ("Target Company").

AA 4 Navigant NAVIGANT CORPORATE ADVISORS LIMITED Regd. Office: 804, Meadows, Sahar Plaza Complex,J B Nagar, Andheri-Kurla Road, Andheri (East) Mumbai-400 059; Tel: +91-22- 4120 4837 / +91 22 4973 5078 Email: navigant@navigantcorp.com; Website:www.navigantcorp.com (CIN: L67190MH2012PLC231304) Date: 12.10.2026 The Manager Dept. of Corporate Services BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort Mumbai - 400 001 Sub: Detailed Public Statement to the shareholders of Hiliks Technologies Limited (BSE Code: 539697) Dear Sir, We wish to inform you that we have been appointed as the Manager to the Offer by Enact Technologies Private Limited (Acquirer-1) Penumatsa Venkata Raju (Acquirer-2) 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) Kalidindi Sunitha (PAC-3) (PAC-1, PAC-2 and PAC-3 hereafter collectively referred to as “PACs”) for the acquisition of up to 36,92,000 (Thirty Six Lakhs Ninety-Two Thousand) equity shares of face value of Rs. 10/- each, representing 26.00% of the expanded equity and voting share capital of Hiliks Technologies Limited (the “Target Company”), at a price of Rs. 72/- per fully paid-up equity share (the “Offer Price”), pursuant to an open offer made in accordance with Regulations 3(1) and 4 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (the “SEBI (SAST) Regulations”). As per Regulation 13(4) & 14(3) of SEBI (SAST) Regulations, 2011, the Detailed Public Statement (DPS) has been published on 12t October, 2026. A copy of the DPS is attached herewith for your reference and records. We are also submitting herewith a Soft Copy of the same in PDF format. You are requested to upload the same on your website. Thanks & Regards, For Navigant Corporate Advisors Limited Sarthak Vijlani Managing Director DETAILED PUBLIC STATEMENT FOR THE ATTENTION OF THE EQUITY SHAREHOLDERS OF HILIKS TECHNOLOGIES LIMITED (“HILIKS”/ “TARGET COMPANY”/ “TC”) (Corporate Identification No. L72100TS1985PLC210702) Registered Office: Flat No. 510, Aparna Greens, Nanakramguda Hyderabad-500032 Telangana; Phone No.: +91- 7799169999; Email id: anubhavindustrial@gmail.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 Detailed Public Statement, the Acquirers along with the PACs hold 23,33,173 Equity Shares of madhuseshu1599@gmail.com vide certificate dated September 30, 2026 has certified that Net Worth of 2. The Seller has confirmed that it has not been prohibited by SEBI from dealing in securities in terms of the Target Company, constituting 17.88% of the Fully Paid-up Equity Share Capital. Further, Acquirer-1 was allotted Acquirer-2 is Rs. 950.13 Lacs as on September 30, 2026, (UDIN: 26028254IIVKQD5689). directions issued under section 11B of the SEBI Act, as amended or under any other regulations made 8,00,000 convertible warrants by the Target Company, each convertible into one Equity Share. Accordingly, considering 5. Acquirer-2 does not hold any Equity Shares or voting rights in the Target Company as on the date of the under the SEBI Act. the full conversion of the 11,50,000 convertible warrants allotted by the Board of Directors of the Target Company at PA and has not acquired any Equity Shares of the Target Company between the date of the PA and the (E) INFORMATION ABOUT THE TARGET COMPANY: its meeting held on September 19, 2026, the Acquirers along with the PACs would hold 31,33,173 Equity Shares on date of this DPS. However, Acquirer-2 has agreed to buy 1,50,000 Equity Shares (Sale Shares) from 1. Hiliks Technologies Limited (“Target Company” or “Hiliks”) was originally incorporated on February 19, a fully diluted basis, constituting 22.06% of the Expanded Equity and Voting Share Capital of the Target Company. current Promoter of Target Company through Share Purchase Agreement (“SPA”) dated October 05, 1985 as “Anubhav Industrial Resources Limited” under the Companies Act, 1956, with the Registrar of Pursuant to the Share Purchase Agreement dated October 05, 2026, entered into for the acquisition of 5,00,000 Equity 2026. Companies, Delhi and Haryana. It was granted a Certificate for Commencement of Business on February Shares, constituting 3.52% of the Expanded Equity and Voting Share Capital of the Target Company, the Acquirers 6. As on the date of this DPS, Acquirer-2 does not have any interest in Target Company, save and except 25, 1985. Subsequently, the registered office of the Target Company was shifted from Chandigarh to the and PACs would hold 36,33,173 Equity Shares, constituting 25.59% of the Expanded Equity and Voting Share Capital the proposed shareholding to be acquired in the Target Company pursuant to SPA. State of Maharashtra, pursuant to an order of the Regional Director dated March 9, 2016, a certified copy of the Target Company. Further, pursuant to the terms of the Share Purchase Agreement, the Acquirers shall acquire 7. Acquirer-2 has not been categorised or declared as a wilful defaulter by any bank or financial institution or of which was registered by the Registrar of Companies, Mumbai on June 22, 2016. The name of the Target 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. consortium thereof in accordance with the guidelines on wilful defaulter issued by RBI and is in compliance Company was changed from “Anubhav Industrial Resources Limited” to “Hiliks Technologies Limited”, and with Regulation 6A of the SEBI (SAST) Regulations. a fresh Certificate of Incorporation pursuant to change of name was issued by the Registrar of Companies, This detailed public statement (“DPS’’) is being issued by M/s. Navigant Corporate Advisors Limited, the Manager 8. Acquirer-2 has not been categorised or declared as a fugitive economic offender under Section 12 of the Mumbai on February 25, 2019. Thereafter, the registered office of the Target Company was shifted to the Offer (“Manager”), on behalf of the Acquirers and PACs in compliance with Regulation 13 (4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent Fugitive Economic Offenders Act, 2018 (17 of 2018), and is in compliance with Regulation 6B of the SEBI from the State of Maharashtra to the State of Telangana, pursuant to an order of the Regional Director amendments thereto (“SEBI (SAST) Regulations, 2011”), pursuant to the Public Announcement (PA) filed on October (SAST) Regulations. dated December 22, 2025, a certified copy of which was registered by the Registrar of Companies, 05, 2026 with the BSE Limited (“BSE”), Metropolitan Stock Exchange of India Limited (“MSEI”), Securities and Exchange 9. Acquirer-2 has not been declared a “Fraudulent Borrower” by any lending bank o [Showing first 8,000 characters — download PDF for full document]