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.

Hi-tech gears Limited has filed its quarterly compliance certificate with the National Stock Exchange and BSE Limited, confirming adherence to SEBI regulations for dematerialization processes during the quarter ended March 31, 2026. The certificate was submitted on April 07, 2026, by Company Secretary and Compliance Officer Naveen Jain.

Regulatory Compliance Certificate

The certificate was issued pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. MAS Services Limited, serving as the company's Registrar and Share Transfer Agent, provided confirmation that all securities received for dematerialization during the specified quarter were processed in compliance with regulatory requirements.

Dematerialization Process Compliance

MAS Services Limited confirmed that securities received from Depository Participants during the quarter were processed within the mandatory 15-day timeframe. The RTA verified that all security certificates received for dematerialization were properly mutilated and cancelled after due verification.

Key compliance aspects confirmed include:

• Securities accepted or rejected within 15 days of receipt
• Depository names substituted in register of members as registered owners
• Updates provided to depositories and stock exchanges within stipulated timeframe
• Register of members updated accordingly

Stock Exchange Communication

The compliance certificate was submitted to both major Indian stock exchanges where Hi-Tech Gears shares are listed. The company trades on NSE under the symbol HITECHGEAR and on BSE with scrip code 522073.

Corporate Information

Hi-Tech Gears Limited operates from its corporate office in Gurugram, Haryana, with manufacturing facilities across multiple locations in Rajasthan and Haryana. The company maintains subsidiaries in Canada and the United States, reflecting its international presence in the automotive components sector.

This quarterly filing represents part of the company's ongoing regulatory compliance obligations, ensuring transparency in share transfer and dematerialization processes for investor protection.