Hiliks Technologies Limited has announced a significant development in its business operations, securing a sub-contract order worth Rs 33.39 crore from MSR-MEDIKONDA JV. The contract involves comprehensive signalling and telecommunication works for a railway track doubling project under the South Central Railway Zone.

Contract Details

The project scope includes:

• Track doubling between Dornakal Junction and Bhadrachalam Road Station
• Coverage from Km 14.10 (before Karepalli Crossing Station) to Km 35.420 (beyond Chimalpahad yard)
• Implementation of Electronic Interlocking systems
• Installation of OFC (Optical Fiber Cable) communications

Project Specifics

Company Disclosures

In compliance with SEBI regulations, Hiliks Technologies has made the following disclosures:

• The order is from a domestic entity.
• Neither the promoters nor any group companies have interests in MSR-MEDIKONDA JV.
• The transaction does not fall under related party transactions.

This contract represents a significant opportunity for Hiliks Technologies to contribute to India's railway infrastructure development. The company's expertise in signalling and telecommunication works positions it well to execute this project, which is crucial for enhancing railway capacity and efficiency in the region.

The successful completion of this project could potentially strengthen Hiliks Technologies' position in the railway infrastructure sector and may lead to future opportunities in similar projects across India's extensive railway network.

Hiliks Technologies Limited has successfully completed its registered office relocation from Maharashtra to Telangana after receiving regulatory approval. The Hon'ble Regional Director, Western Region, Mumbai, approved the shifting through an order dated December 22, 2025, which was physically received by the company on January 2, 2026.

Regulatory Approval Details

The company informed stock exchanges about the completion of this significant corporate action under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The approval encompasses:

Shareholder Mandate Fulfilled

This regulatory approval follows the overwhelming shareholder support received earlier through a postal ballot conducted via remote e-voting. The special resolution achieved remarkable backing from stakeholders:

Corporate Restructuring Complete

The approved changes include the shifting of registered office from Maharashtra to Telangana and consequential amendment in Clause II of the Memorandum of Association. The voting process demonstrated strong institutional confidence with 25.38% turnout from 8,820,000 total shares.

The e-voting period ran from August 23, 2025, to September 21, 2025, with Mr. Alok Jain of Jain Alok & Associates serving as the scrutinizer. The record date was set for August 15, 2025, covering 2,014 total shareholders.

Current Status and Next Steps

With regulatory approval now secured, Hiliks Technologies has completed all necessary requirements for the office relocation. The company's Whole Time Director, Sandeep Copparapu (DIN: 08306534), signed the official intimation to stock exchanges confirming the successful completion of this corporate restructuring initiative.

The company continues to trade on BSE (539697) and Metropolitan Stock Exchange of India (HILIKS), with its operations now formally transitioned under the new registered office framework in Telangana.