Please find attached change in Directorate apptoved in the Board meeting held on 11-08-2025
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Hiliks Technologies' board, at its meeting on August 11, 2025, appointed Ms. Srivalli Tirokuvalluri as an Additional Non-Executive Director and Mr. Bhanu Dinesh Alava as an Additional Non-Executive Independent Director for a 5-year term. The board also changed the designation of Mr. Veera Venkata Ramana Varma Mudunuri from Non-Executive Independent Director to Non-Executive Non-Independent Director and fixed his remuneration at up to INR 1,50,000. Ms. Tirokuvalluri is a finance and accounts professional with 25+ years of experience, currently Vice President at Andhra Pradesh Gas Power Corporation. Mr. Alava is a finance professional with 15+ years of experience and holds ACMA, CISA, and ID-IICA certifications. None of the appointees are debarred by SEBI from holding directorship.
The net effect is the company added two new directors while losing one independent director slot, which slightly reduces independent oversight. For shareholders, this is a routine board composition update with no immediate financial impact, though the loss of independent status for Mr. Mudunuri may be a minor governance watchpoint.