Niks Technology Limited has announced that its previously intimated Board Meeting has been adjourned and rescheduled.

The Board will now meet to evaluate a proposal for raising funds through various instruments, including equity shares or warrants, via preferential issue or private placement.

This fund-raising initiative will require shareholder approval, for which a General Meeting will be convened.

This development is significant as it signals potential capital infusion for the company's future growth and operations.