The Hi-Tech Gears Limited has announced that its board of directors will meet on Friday, May 29, 2026. The primary agenda for the meeting includes the consideration and approval of the audited standalone and consolidated financial results for the company for the quarter and financial year ended March 31, 2026.

In addition to the financial results, the board will deliberate upon and recommend a final dividend on equity shares for the financial year 2025-26, subject to the approval of the directors. The meeting will also cover any other matters with the consent of the Chair and the directors present.

Trading Window Closure

Pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, the company has closed its trading window. The closure commenced on April 1, 2026, and will remain in effect until the conclusion of 48 hours after the board meeting concludes. This measure is intended to prevent the misuse of unpublished price-sensitive information.

Key Meeting Details

Hi-tech gears Limited has updated stock exchanges regarding the postponement of its Corporate Insolvency Resolution Process (CIRP) hearing at the National Company Law Appellate Tribunal (NCLAT). The company informed the National Stock Exchange and BSE Limited on April 22, 2026, about the scheduling changes and continuation of legal protections.

NCLAT Hearing Postponement

The NCLAT was scheduled to hear the matter on April 20, 2026, but due to paucity of time, the tribunal could not proceed with the hearing. The case has been rescheduled for July 10, 2026, extending the timeline for resolution of the insolvency proceedings.

Interim Stay Continuation

The NCLAT has directed the continuation of the interim stay on the CIRP process, which was originally granted through its order dated September 03, 2024. This stay prevents the progression of insolvency proceedings against the company, providing temporary relief while the appeal is pending.

Case Participants

The appeal has been filed by Naveen Jain, who serves as Company Secretary and is also a shareholder of The Hi-Tech Gears Limited, against Happy Forgings Ltd. and others. The case is being heard by Justice Yogesh Khanna (Member Judicial) and Mr. Ajai Das Mehrotra (Member Technical) at the NCLAT Principal Bench in New Delhi.

Corporate Communication

The company has fulfilled its disclosure obligations under Regulation 30 by informing both stock exchanges about the development. The NCLAT order was uploaded on the tribunal's website on April 22, 2026, and a copy has been provided to the exchanges for their records. This communication ensures transparency regarding the ongoing legal proceedings and their impact on the company's operations.