Announced Wed, 22 Jul · 17:43 IST
Notice seeking government approval for MD reappointment
Compliance View source PDF
HITECHCORP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.9%1-day move
₹324.00
prior close
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AI summary
Hitech Corporation has published a newspaper notice on July 22, 2026 in Business Standard and Mumbai Lakshadeep, informing its intention to seek Central Government approval for the reappointment of Mr. Malav Ashwin Dani as Managing Director for 5 years, effective August 5, 2026. Mr. Dani is a Non-Resident Indian. The approval is sought under Section 196 read with Schedule V of the Companies Act, 2013.
Likely market impact
Continuity in top leadership. Awaiting Central Government approval before the reappointment is formalised. No immediate effect on shareholders.