CFO change at Hi-Tech Gears; Vinod Raheja appointed as new CFO from Jan 14, 2026

Cfo ResignedManagement Changes View source PDF Explain this filing

HITECHGEAR · price

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

-4.0%Reaction day

₹772.00

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-3.9% vs market

On the reaction day the stock moved 3.9 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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Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-4.0-0.1-3.9

Next day

-3.5-0.4-3.1

-7.3-1.8-5.5

-7.6-4.4-3.2

-12.6-5.2-7.4

-11.8-3.7-8.1

-15.0-5.6-9.3

15d

-15.5-0.5-15.0

-15.9-0.2-15.7

-21.6-10.0-11.6

-19.0+0.9-20.0

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board approved CFO change on Jan 13, 2026. Existing CFO and KMP Kapil Rajora resigned from the CFO post due to an internal role change and will move to Chief Commercial Officer (CCO) from Jan 14, 2026. Vinod Raheja, a chartered accountant with 32 plus years of finance leadership across auto, steel, manufacturing and pharma sectors (ex JCB India, Spark Minda, Akums Drugs, Shriram Pistons), appointed as new CFO and KMP from Jan 14, 2026, after Nomination and Remuneration and Audit Committee recommendations.

Likely market impact

Internal reshuffle with no senior exit; experienced external CFO takes charge. Likely neutral, possibly positive for financial governance.