The Hi-Tech Gears Limited announced significant changes in its key management 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 close of business hours on January 13, 2026. This change is due to a transition in his 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 is a Qualified Chartered Accountant with over 32 years of experience in finance leadership across various sectors, including auto, steel, manufacturing, and pharma. His expertise spans corporate finance, treasury, taxation, ERP, risk management, IPOs, and M&A.

Furthermore, Mr. Kapil Rajora will transition to the role of Chief Commercial Officer (CCO) and will be designated as Senior Management Personnel, also effective January 14, 2026. Mr. Rajora holds a Bachelor of Engineering from Delhi College of Engineering and a Post Graduate Programme from IIM Bangalore, with approximately 20 years of experience in strategic business planning, financial planning, and M&A.