VP Technology Center to retire; Q1 profit jumps 82%; voluntary delisting in progress

Kmp ResignedManagement Changes View source PDF Explain this filing

HITECHCORP · price

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Price reactionminutes from the announcement price · days from the prior close

+0.0%Reaction day

₹330.05

prior close

₹336.40

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-0.1% vs market

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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30m

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

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+23.9-3.2+27.2

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UpDownMarket · Nifty Microcap 250Pending

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AI summary

The Board on Aug 14, 2026 approved Q1FY27 audited results and noted the retirement of Mr. V.S.R. Anjaneyulu, VP Technology Center and Senior Managerial Personnel (KMP), effective Sept 5, 2026. Standalone revenue rose 38% to about 21,084 lakhs and profit jumped 82% to 618 lakhs. Consolidated profit grew to 711 lakhs. The firm is pursuing voluntary delisting from NSE and BSE after shareholder approval on July 10, 2026.

Likely market impact

Strong Q1 results are positive, but the ongoing voluntary delisting process is the key event. VP retirement is routine and likely no material impact.