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, effective January 13, 2026. This change is due to his transition to a new professional role within the company.

Concurrently, the Board has appointed Mr. Vinod Raheja as the new Chief Financial Officer and Key Managerial Personnel, effective January 14, 2026. Mr. Raheja, a Chartered Accountant with over 32 years of experience in finance leadership across various sectors, brings expertise in corporate finance, treasury, taxation, and M&A. He has previously held senior finance roles at prominent companies like Hero MotoCorp, Jindal Steel & Power, JCB India, Shriram Pistons & Rings, Akums Drugs, and Minda Corporation.

Furthermore, Mr. Kapil Rajora will transition to the role of Chief Commercial Officer (CCO), designated as Senior Management Personnel, also effective January 14, 2026. Mr. Rajora, an Electrical Engineering graduate from Delhi College of Engineering and an MBA from IIM Bangalore, has been with The Hi-Tech Gears Limited since 2017, previously serving as Vice President (Strategy and Special Projects) before becoming CFO. The board meeting commenced at 5:30 PM and concluded at 5:56 PM on January 13, 2026.