The Hi-Tech Gears Limited has informed the Exchange regarding Appointment of Mr. Vishal Seth as Additional Non- Executive Independent Director of the company w.e.f. April 25, 2025.
HITECHGEAR · price
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The Hi-Tech Gears Limited has appointed Mr. Vishal Seth (DIN: 05136478) as an Additional Non-Executive Independent Director on its board, effective April 25, 2025, for a five-year term ending April 24, 2030. He is replacing outgoing independent director Mr. Ramesh Shankarmal Pilani. Mr. Seth holds an MBA from the University of Michigan, executive education from Harvard Business School, and a Master's from Penn State, with over 20 years of leadership experience across aerospace, automotive, and industrial manufacturing, including senior roles at Spencer Stuart, Arconic India, and Alcoa. The appointment was recommended by the Nomination and Remuneration Committee, approved via board circular resolution on April 24, 2025, and remains subject to shareholder approval. He is not related to any existing director and is not debarred by SEBI or any other authority.
This is a routine board refresh bringing in a globally experienced independent director, with no material impact expected on the stock price. Investors should watch for the shareholder approval at the next general meeting to make the appointment permanent.