Hiliks Technologies Limited has disclosed entering into a significant subcontract agreement under SEBI LODR Regulation 30.
Contract Details
- Agreement Date: 13th March, 2026
- Project Scope: Signaling and Telecommunication works in connection with Doubling of Track between Akanapet Jn. & Medchal Stations including implementation of Kavach in South Central Railway in the State of Telangana
- Contract Value: ₹95,51,14,237/- (Rupees Ninety Five Crore Fifty One Lakh Fourteen Thousand Two Hundred and Thirty Seven only)
- Execution Timeline: 24 months
- Regulatory Approval: Received approval from South Central Railway on 17th June, 2026
Order Book Impact
The cumulative value of pending orders received by the company now stands at ₹165 Crores.
Additional Details from Annexure
- Awarding Entity: KMC Constructions Limited (executing EPC Contract from South Central Railway Zone)
- Entity Type: Domestic Entity
- Order Type: Sub-Contract Agreement
- Geographic Scope: Domestic
- Promoter Interest: No interest from promoter/promoter group/group companies in the entity that awarded the contract
- Related Party Transaction: The order does not fall within related party transactions