The Hi-Tech Gears Limited has informed the Exchange about change in Management
HITECHGEAR · price
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The Hi-Tech Gears Limited has informed the stock exchanges that Mr. Vinod Raheja has resigned from the position of Chief Financial Officer and Key Managerial Personnel of the company. He tendered his resignation on April 24, 2026, citing personal reasons, and was relieved with immediate effect on April 25, 2026. Pranav Kapuria (likely the promoter/MD) accepted the resignation via email exchange. The company has disclosed the details as required under SEBI's listing regulations but has not yet announced a replacement for the CFO role.
The sudden exit of the CFO citing personal reasons may create short-term uncertainty around financial leadership and reporting continuity. Investors should watch for an update on the appointment of a new CFO, as a prolonged vacancy at this level can be a minor governance red flag.