The Hi-Tech Gears Limited announced significant changes in its management team 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) of the company, with his resignation effective from the close of business hours on January 13, 2026.

Mr. Rajora's resignation is attributed to a change in his professional role within the company. He will be transitioning to the role of Chief Commercial Officer (CCO), designated as Senior Management Personnel, effective January 14, 2026. This move will allow him to maintain his association with the company in a new capacity.

Concurrently, the Board has appointed Mr. Vinod Raheja as the new Chief Financial Officer and Key Managerial Personnel, effective January 14, 2026. This appointment was made following recommendations from the Nomination and Remuneration Committee and the Audit Committee. Mr. Raheja brings over 32 years of finance leadership experience across various sectors, including auto, steel, manufacturing, and pharma, with expertise in corporate finance, treasury, taxation, and M&A.

The Board meeting commenced at 05:30 PM and concluded at 05:56 PM on January 13, 2026.