The Hi-Tech Gears Ltd

CIRP interim stay update

• Oct 7, 2026: NCLAT directed continuation of interim stay on CIRP; next hearing on 06 Nov 2026.
• Order dated Oct 07, 2026; copy uploaded Oct 13, 2026.
• Continuation of interim stay previously granted Sept 03, 2024 remains in effect.
• Parties: The Hi-Tech Gears Ltd (Naveen Jain) vs Happy Forgings Ltd & others.
• NCLAT order on Company Appeal No. 1734 of 2024; attached to record.

Regulatory update on CIRP stay

• NCLAT extends interim stay on CIRP; next hearing fixed for Oct 5, 2026.
• Adjournment accommodated; listed for Oct 5, 2026 to consider stay vacation application.
• Interim order to continue till next listing date.
• NCLAT order uploaded on Sept 29, 2026 for records.
• Case: Company Appeal (AT Ins) No. 1734 of 2024 and IA 2735 of 2025.
• Hearing held on Sept 25, 2026; matter adjourned to Oct 5, 2026.
• Interim stay on CIRP continues per NCLAT order dated Sept 03, 2024.

The Hi-Tech Gears Ltd: Trading window closed from Thursday, October 01, 2026 till the end of 48 hours after the conclusion of next Board Meeting where the Unaudited Financial Results for the quarter and half year ended on September 30, 2026 will be approved.

AGM Details

• Date and time: 22 September 2026, 05:00 PM.
• Mode: Physical with VC/OAVM.
• Venue: Plot No. 24-26, Sector-7, IMT Manesar, Gurgaon.
• Cut-off date for voting: 15 September 2026.

Resolutions and outcomes

• Item 1: Adoption of standalone and consolidated financial statements; passed.
• Item 2: Final dividend of Rs 4 per share (40%); passed.
• Item 3: Re-appointment of Bidani Anjani Kumar; passed.
• Item 4: Re-appointment of Kawai Jain; passed.
• Item 5: Remuneration of Cost Auditor for 2026-27; passed.
• Item 6: Re-appointment of Rajiv Batra as Independent Director; passed with 4 votes against.
• Item 7: Continuation of Bidadi Anjani Kumar as Non-Executive Non-Independent beyond age 75; passed.

Dividend

• Dividend amount: Rs 4 per share (40%).

Director changes

• Bidani Anjani Kumar re-appointed; retires by rotation.
• Kawai Jain re-appointed; retires by rotation.
• Rajiv Batra re-appointed as Independent Director.
• Bidadi Anjani Kumar continued as Non-Executive Non-Independent beyond age 75.

Auditors

• Cost Auditor remuneration for 2026-27 approved.

AGM Details

• AGM held on Sep 22, 2026 at 5:00 PM via physical venue with VC/OAVM.
• Remote e-voting from Sep 19 to Sep 21, 2026; voting at AGM available.

Ordinary Business

• Adopt standalone and consolidated financial statements for FY2025-26 (outcome pending).
• Declare final dividend Rs 4 per share (40%) for FY2025-26 (outcome pending).
• Re-appoint Mr. Bidadi Anjani Kumar (rotating director) (outcome pending).
• Re-appoint Mr. Kawal Jain (rotating director) (outcome pending).

Special Business

• Remuneration of Cost Auditor for FY2026-27 (outcome pending).
• Re-appoint Mr. Rajiv Batra as Independent Director (outcome pending).
• Continue Mr. Bidadi Anjani Kumar as Non-Executive Non-Independent on reaching age 75 (outcome pending).

Cessation of Company Secretary & Compliance Officer

• Naveen Jain resigned as Company Secretary & Compliance Officer, effective 29 August 2026, due to personal reasons.

CIRP status and developments

• Interim stay on CIRP remains in effect; next hearing fixed for September 25, 2026.
• NCLAT order dated August 20, 2026 uploaded; Ack no 13986263.
• Hearing on August 17, 2026 could not proceed due to paucity of time.