The Hi-Tech Gears Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 27, 2025. Further, the company has informed the Exchange regarding voting results.
HITECHGEAR · price
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The Hi-Tech Gears Limited held its 39th Annual General Meeting on September 27, 2025, and filed the Scrutinizer's Report with voting results on September 29, 2025. All 11 resolutions were passed with overwhelming shareholder support, with around 69.59% of outstanding shares participating in voting (13,077,905 out of 18,793,217 shares). Key approvals included adoption of FY25 audited financial statements, declaration of a final dividend of Rs. 5.00 per equity share (50% on face value of Rs. 10), and re-appointments of directors including Mr. Deep Kapuria as Executive Chairman, Mr. Pranav Kapuria as Managing Director, and Mr. Anuj Kapuria as Executive Director. Mr. Ramakrishnan Ramanathan was appointed as a Non-Executive Independent Director and Mr. Vijay Mathur as a Whole-Time Director. For ordinary resolutions, over 99.99% of votes polled were in favour, while resolutions where promoters were interested saw slightly lower but still overwhelming approval of 99.9976%.
Shareholders have approved a Rs. 5 per share final dividend for FY25, confirming a steady income from the stock. Management continuity is preserved with the promoter Kapuria family re-appointed to key executive roles, which provides stability but also keeps executive compensation decisions in promoter-influenced hands. Overall, this is a routine, non-event filing with no material governance red flags for retail investors.