The Hi-Tech Gears Limited has informed the Exchange about change in Management
HITECHGEAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.4 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The Board of The Hi-Tech Gears Limited, at its meeting on July 23, 2025, approved the re-appointment of all three members of the promoter Kapuria family: Mr. Deep Kapuria as Executive Chairman, Mr. Pranav Kapuria as Managing Director, and Mr. Anuj Kapuria as Executive Director, each for a 3-year term effective October 1, 2025. Additionally, Mr. Ramakrishnan Ramanathan, a former Tata Motors senior leader with 38 years of experience, was appointed as an Additional Non-Executive Independent Director for 5 years effective July 24, 2025. Mr. Vijay Mathur, currently Senior General Manager (Finance) and a former CFO of the company, was elevated to Executive Director and Key Managerial Personnel for 3 years effective July 24, 2025. All appointments are subject to shareholder approval, and none of the appointees are debarred by SEBI.
The re-appointment of the entire Kapuria promoter family ensures continuity of leadership and existing strategy, which is reassuring for shareholders. The addition of a high-profile ex-Tata Motors veteran as Independent Director strengthens board diversity and governance.