The Hi-Tech Gears Limited announced significant changes in its Key Managerial Personnel following a Board of Directors meeting held on January 13, 2026. Mr. Kapil Rajora has resigned from his position as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), with his resignation effective from the closing hours of January 13, 2026. This move is attributed to a change in his professional role within the company.

Concurrently, the Board has appointed Mr. Vinod Raheja as the new Chief Financial Officer and KMP, effective January 14, 2026. Mr. Raheja, a Chartered Accountant with over 32 years of finance leadership experience across various sectors, brings extensive expertise in corporate finance, treasury, taxation, and M&A.

In a related development, Mr. Kapil Rajora will transition to the role of Chief Commercial Officer (CCO) and be designated as Senior Management Personnel, also effective January 14, 2026. This ensures his continued association with the company in a senior capacity. The Board meeting commenced at 05:30 PM and concluded at 05:56 PM on January 13, 2026.