The Hi-Tech Gears Limited announced significant changes in its key management personnel during 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 cessation effective from the closing hours of January 13, 2026. This resignation is due 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 Qualified Chartered Accountant, brings over 32 years of finance leadership experience across various sectors including auto, steel, manufacturing, and pharma. His expertise spans corporate finance, treasury, taxation, ERP, risk management, IPOs, and M&A.

In a related move, Mr. Kapil Rajora will transition to the role of Chief Commercial Officer (CCO), designated as Senior Management Personnel, also effective January 14, 2026. This transition ensures his continued association with the company in a senior capacity.