Management Change10 Jul 2026, 08:30 pm
Hitech Corp Shareholders Approve MD Re-appointment and Director Appointment
AI Summary
Hitech Corporation Ltd announced that shareholders have approved the re-appointment of Mr. Malav Dani as Managing Director for a term of 5 years (August 5, 2026 - August 4, 2031) and the appointment of Mr. Mehli Golvala as an Independent Non-Executive Director for a term of 5 years (May 8, 2026 - May 7, 2031). Both directors confirmed they are not debarred or disqualified from holding office. The results of the postal ballot were announced today, with both resolutions passed by the requisite majority. Brief profiles of both individuals are provided, highlighting their extensive experience and qualifications.
Key Highlights
- Shareholders approved re-appointment of Malav Dani as MD for 5 years.
- Shareholders approved appointment of Mehli Golvala as Independent Director.
- Both directors confirmed no disqualifications or debarments.
- Appointments are effective from August 5, 2026, and May 8, 2026, respectively.
- Resolutions passed by requisite majority via postal ballot.
Price Impact
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