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, a company listed on the Bombay Stock Exchange (BSE: 539697) and Metropolitan Stock Exchange of India (MSEI: HILIKS), has received overwhelming shareholder approval to shift its registered office from Maharashtra to Telangana. The decision, made through a postal ballot conducted via remote e-voting, marks a significant change for the company.

Voting Results

The special resolution to shift the registered office and amend Clause II of the Memorandum of Association received strong support from shareholders. Here's a breakdown of the voting results:

The resolution passed with an overwhelming majority, securing 99.06% of the total valid votes cast. Out of 8,820,000 total shares, 2,238,100 votes were polled, representing a 25.38% turnout.

Key Details of the Resolution

• Voting Period: The e-voting period began on August 23, 2025, at 9:00 AM and concluded on September 21, 2025, at 5:00 PM.
• Record Date: August 15, 2025, with 2,014 total shareholders on record.
• Scrutinizer: Mr. Alok Jain of Jain Alok & Associates, a practicing Company Secretary, was appointed as the scrutinizer for the voting process.

Implications and Next Steps

The approved resolution includes:

1. Shifting the registered office from the State of Maharashtra to the State of Telangana.
2. Amending Clause II of the Memorandum of Association to reflect this change.

The company's directors have been authorized to make the necessary applications to the Regional Director, Western Region, Mumbai, and other relevant authorities for approval of this shift.

It's important to note that while shareholder approval has been obtained, the move is still subject to approval from the Central Government and other regulatory permissions.

Hiliks Technologies Limited will now proceed with the required regulatory filings and processes to complete the shift of its registered office. This move could potentially align with the company's strategic objectives, although the specific reasons for the relocation were not disclosed in the available information.

Investors and stakeholders should stay tuned for further updates from the company regarding the progress of this significant corporate action.