Hiliks Technologies Limited has received a subcontract order from M/s. Railone Projects Private Limited dated 10th June, 2026. The order is for Signaling and Telecommunication works in connection with the Motumari-Vishnupuram Doubling Project in the states of Telangana and Andhra Pradesh.
Order Details
- Order Value: ₹37,75,52,866 (Rupees Thirty Seven Crore Seventy Five Lakh Fifty Two Thousand Eight Hundred and Sixty Six only)
- Cumulative Pending Orders: ₹70 Crores
- Execution Timeline: 18 months
- Nature of Order: Sub-contract order
- Awarding Entity: Railone Projects Private Limited, which is executing an EPC contract from South Central Railway Zone
Transaction Characteristics
- Domestic/International: Domestic entity and domestic order
- Promoter Interest: No interest from promoters/promoter group/group companies in the entity that awarded the contract
- Related Party Transaction: The order does not fall within related party transactions and is conducted at arm's length