Please find attached outcome of Postal Ballot for Shifting of Registered Office
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Hiliks Technologies conducted a postal ballot (notice dated 11 August 2025) to seek shareholder approval for shifting its registered office from Maharashtra to Telangana, along with a consequential amendment to the Memorandum of Association. Voting was conducted via remote e-voting and concluded on 21 September 2025. Out of 2,014 shareholders on record, a total of 22,38,100 votes were polled (25.38% of outstanding shares). The resolution received overwhelming support with 22,17,094 votes (99.06%) in favour and only 21,006 votes (0.94%) against. Promoters voted 100% in favour with all their 5,00,000 shares, while public shareholders approved it with 98.79% support. The scrutinizer, Mr. Alok Jain, confirmed the resolution was passed as a Special Resolution.
This is a routine corporate restructuring move with no material impact on business operations or shareholder value. The shift from Maharashtra to Telangana may bring tax or regulatory benefits, but the near-unanimous approval signals strong promoter and public alignment. Stock price impact is expected to be neutral.