Hiliks Technologies Limited submitted a regulatory disclosure to BSE Limited and Metropolitan Stock Exchange of India Ltd. regarding changes in board composition, in compliance with Regulation 30 read with Schedule III, Part A, Para A (7) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Board Meeting Decisions
The Board of Directors at its meeting held on Friday, 21st August, 2026:
1. Re-appointment of Whole-Time Director: Considered and approved the re-appointment of Mr. Sandeep Copparapu (DIN: 08306534) as Whole-Time Director of the Company, subject to approval of shareholders.
2. Resignation of Independent Director: Took note of the resignation of Mr. Nagavenkata Padma Bhaskar Vedanabhatla (DIN: 08105714) from the designation of Independent Director effective from the closure of business hours on 21st August, 2026. Consequently, he ceased to be a member of the Audit Committee, and as the Chairman of the Nomination and Remuneration Committee and Stakeholders Relationship Committee.
Annexure A Details
Re-appointment of Mr. Sandeep Copparapu:
- Reason for change: Re-appointment
- Date of re-appointment: With effect from 21st August, 2027
- Term: For a period of 3 years commencing from 21st August, 2027 till 20th August, 2030, subject to shareholder approval
- Brief profile: Mr. Sandeep Copparapu, aged about 36 years, holds an MBA (Marketing) degree and has more than 9 years' experience in Manpower consultancy and IT Enabled Services. He has good experience in Client management and is focused on Marketing and building strong Customer Centric approach to business.
- Relationships: No relationship with any other Director
Resignation of Mr. Nagavenkata Padma Bhaskar Vedanabhatla:
- Reason for change: Resignation
- Date of resignation: Closure of business hours on 21st August, 2026
Resignation Letter Details
Mr. Nagavenkata Padma Bhaskar Vedanabhatla submitted his resignation letter dated 21.08.2026 to the Board of Directors, stating:
- Reason for resignation: Due to pre-occupation elsewhere
- Effective date: Closure of business hours on 21st August, 2026
- Confirmation: No other material reason for stepping down
- Committee positions relinquished: Member of Audit Committee, Chairman of Nomination and Remuneration Committee, and Chairman of Stakeholders Relationship Committee
The company provided the resignation letter as part of the disclosure package.