The Hi-Tech Gears Ltd

The Hi-Tech Gears Ltd has announced the closure of its trading window for designated persons and their relatives. This restriction on trading securities will be effective from July 1, 2026, until 48 hours after the conclusion of the upcoming Board Meeting. The Board Meeting is scheduled to approve the Unaudited Financial Results for the first quarter ended June 30, 2026. The exact date of the Board Meeting will be communicated separately. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

The Hi-Tech Gears Ltd has been fined $5,000 by the U.S. Customs and Border Protection for late filing of a Bill of Lading. The company received a demand order for liquidated damages due to the untimely submission of the Importer Security Filing (ISF) for a shipment. The company states there is no material impact on its financial or operational activities and is in the process of filing an appeal for waiver of the damages.

The Hi-Tech Gears Ltd. announced the appointment of Mr. Vijay Mathur as Chief Financial Officer, in addition to his role as Executive Director. The Board of Directors, in its meeting on May 29, 2026, approved the audited financial results for the quarter and year ended March 31, 2026. The board also recommended a final dividend of 40%, i.e., ₹4 per equity share of ₹10 each, subject to shareholder approval. Standalone revenue from operations for the year ended March 31, 2026, was ₹6,486.50 million, while consolidated revenue was ₹8,885.64 million.

The Hi-Tech Gears Ltd board approved audited financial results for the year ended March 31, 2026. Key highlights include revenue from operations of ₹6486.5 million and profit after tax of ₹330.54 million. The board also recommended a final dividend of 40% (₹4 per share) and approved the appointment of Mr. Vijay Mathur as Executive Director & CFO.

The Hi-Tech Gears Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board will also consider and recommend the final dividend, if any, on the equity shares for the financial year 2025-26. The trading window has been closed from April 01, 2026, and will remain closed until 48 hours after the board meeting.

Mr. Vinod Raheja, Chief Financial Officer and Key Managerial Personnel of The Hi-Tech Gears Limited, has resigned from his position due to personal reasons. The resignation was tendered on April 24, 2026, and accepted by the management, with Mr. Raheja being relieved from his duties on April 25, 2026.

Mr. Vinod Raheja, Chief Financial Officer and Key Managerial Personnel of The Hi-Tech Gears Limited, has resigned from his position due to personal reasons. The resignation was tendered on April 24, 2026, and accepted by the management, with Mr. Raheja being relieved from his duties effective April 25, 2026.

The Hi-Tech Gears Ltd announced an update on its Corporate Insolvency Resolution Process (CIRP). The Hon'ble NCLAT could not hear the appeal on April 20, 2026, due to paucity of time. The next hearing date has been fixed for July 10, 2026. Crucially, the NCLAT directed the continuation of the interim stay on the CIRP process, which was initially granted on September 03, 2024. This update relates to an appeal filed by Naveen Jain against Happy Forgings Ltd. & Anr.

The Hi-Tech Gears Ltd has announced the closure of the trading window for designated persons and their relatives under the SEBI (Prohibition of Insider Trading) Regulations, 2015. The closure will begin on Wednesday, April 01, 2026, and will remain in effect until the end of 48 hours after the conclusion of the next Board Meeting where the Audited Financial Results for the 4th Quarter and Year ended on March 31, 2026, will be approved. The exact date of the Board meeting will be intimated separately.

The Hi-Tech Gears Ltd. has announced the resignation of Mr. Sharad Mishra, Vice President- HR and Senior Management Personnel, with effect from closure of business hours on March 19, 2026. Mr. Mishra has spent nearly three years with the company and has requested early relieving. His resignation letter and email requesting early relieving are enclosed as Annexure-1 and Annexure-2 respectively. Additional details required by the SEBI (LODR) Regulations, 2015 are provided in Annexure-3.