The Board of Directors of Hitech Corporation , at its meeting held on May 08, 2026, approved a comprehensive set of leadership changes spanning new appointments, a senior-level promotion, a director induction, a term cessation, and a resignation. The disclosures were made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board meeting commenced at 04:00 p.m. and concluded at 6:30 p.m.

Summary of Leadership Changes

The board acted on recommendations from the Nomination and Remuneration Committee and the Audit Committee to effect the following changes across the company and its wholly owned subsidiary:

*Subject to shareholder approval

New CFO Appointment: Mrs. Mugdha Khare

Mrs. Mugdha Amol Khare has been appointed as Chief Financial Officer and Key Managerial Personnel of Hitech Corporation with effect from May 08, 2026. A qualified Chartered Accountant and Company Secretary with a Bachelor of Commerce from Mumbai University, she brings over 16 years of experience across treasury, taxation, forex, banking, audit, MIS, investor relations, risk assessment, and strategic business initiatives.

Her career spans leading organisations including BSR & Co. (affiliate to KPMG), Bhuta Shah & Co., NOCIL Limited, and most recently Astec Life Sciences Limited, where she serves as Chief Financial Officer since August 2024. At NOCIL, where she served as Deputy General Manager for over a decade, she managed a corporate treasury of INR 4,500–5,000 million, handled a borrowing book of INR 5,500 million, and oversaw forex exposure of INR 7,000–7,500 million through forward and option contracts. She was rated "Excellent" five times and promoted four times during her 11-year tenure.

Independent Director Induction: Mr. Mehli Golvala

Mr. Mehli M. Golvala (DIN: 02234105) has been appointed as an Additional Director in the Non-Executive Independent category for a term of 5 years from May 08, 2026 to May 07, 2031, subject to shareholder approval. A Fellow Member of the ICAI with over 40 years of experience in taxation laws, Mr. Golvala previously served as Managing Partner and Senior Tax Partner at Kalyaniwalla & Mistry LLP. He specialises in tax advisory and litigation across manufacturing, real estate, shipping, and financial services sectors for both domestic and multinational corporations.

Mr. Golvala currently serves as an Independent Director on the Board of Geetanjali Trading and Investments Private Limited, the holding company. The company has confirmed that he is not related to any Director, Key Managerial Personnel, or member of the Promoter/Promoter Group, and has not been debarred from holding directorial office by SEBI or any other authority.

Senior Management Appointments and Promotion

Mr. Girish Haganoor has been appointed as President of Thriarr Polymers Private Limited, the wholly owned subsidiary, effective May 07, 2026. A seasoned executive with over 30 years of experience in the automotive, aerospace, and mass transit sectors, he holds a B.E. in Mechanical Engineering and an M.S. in Manufacturing Management from BITS Pilani. He was most recently Head of Engineering & Project Management at Tata AutoComp Systems Ltd. since 2005, and was conferred the MD Award in 2020 for securing a significant business win from Alstom. In his new role, he will oversee Operations, Sales & Marketing, and Projects, reporting to Mr. Malav Dani, Board Member.

Mr. Ravi G. Balasubramanian, previously Vice President – Manufacturing, has been elevated to President and Senior Management Personnel of the company effective May 08, 2026. With over 4 decades in the plastics and polymer sector, he holds a B.Tech in Plastics Technology from ICT, Mumbai and an M.S. in Manufacturing Management from BITS Pilani. His responsibilities will span Supply Chain covering Operations & Maintenance, Procurement, Quality & Technical Support, and Sales & Marketing.

Exits: Cessation and Resignation

Mr. Bomi Chinoy (DIN: 07519315) will cease as Non-Executive Independent Director upon completion of his second term of 5 years, effective from the close of business hours on May 22, 2026. Separately, Mr. Jasraj Singh has resigned from the position of Chief Operating Officer on health grounds, and will be relieved from the services of the company with effect from the close of business hours on May 15, 2026. In his resignation letter dated May 5, 2026, Mr. Singh cited the need to prioritise his well-being and personal responsibilities, and confirmed his commitment to ensuring a smooth handover to his successor.

All disclosures have been made in accordance with Regulation 30 read with Clause 7 of Part A of Schedule III of the Listing Regulations, and are available on the company's website at www.hitechcorporation.co .

Hitech Corporation Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The filing, dated April 14, 2026, was communicated to both BSE Limited and the National Stock Exchange of India Limited as part of the company's regulatory obligations.

Regulatory Compliance Certificate

The certificate was issued by MUFG Intime India Private Limited (formerly Link Intime India Private Limited), which serves as the company's Registrar and Share Transfer Agent. The document confirms compliance with securities dematerialisation requirements during the fourth quarter of fiscal year 2026.

Certificate Confirmation Details

MUFG Intime India Private Limited confirmed that securities received from depository participants for dematerialisation during Q4FY26 were properly processed and confirmed to the depositories. The registrar verified that all securities comprised in the certificates have been listed on stock exchanges where the company's previously issued securities are traded.

The certificate also confirms that security certificates received for dematerialisation were appropriately mutilated and cancelled after due verification by the depository participant. Additionally, the names of the depositories have been substituted in the register of members as registered owners within the prescribed timelines.

Corporate Information

Hitech Corporation Limited operates from its registered office at 201, Welspun House 2nd Floor, Kamala City, Lower Parel - West, Mumbai - 400013. The compliance filing was signed by Hetali Mehta, Company Secretary & Compliance Officer, who holds membership number A50317.

Registrar Details

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, is registered under CIN U67190MH1999PTC118368. The company operates from its registered address at C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai - 400083. The certificate was signed by Ashok Shetty, Sr. Vice President-Corporate Registry.

This quarterly filing demonstrates Hitech Corporation's commitment to maintaining regulatory compliance and transparency in its securities handling processes as mandated by SEBI regulations.