Hi-Tech Gears Limited has announced key dates for its upcoming dividend distribution and Annual General Meeting (AGM). The company's Board of Directors has recommended a dividend of Rs. 5.00 per equity share for the financial year 2024-25, subject to shareholder approval at the upcoming 39th AGM.

Dividend Details

• Dividend Amount: Rs. 5.00 per equity share (face value Rs. 10.00 each)
• Dividend Percentage: 50%
• Financial Year: 2024-25
• Record Date: September 19, 2025 (Friday)

Key Dates and Information

• Record Date: September 19, 2025
  • Purpose: Determining shareholder eligibility for the proposed dividend
• Cut-Off Date: September 19, 2025
  • Purpose: Determining shareholders eligible to vote at the 39th AGM
• Event: 39th Annual General Meeting (AGM)
  • Note: The dividend is subject to approval at this meeting

Company Details

• Company Name: The Hi-Tech Gears Limited
• CIN: L29130HR1986PLC081555
• Registered Office: Plot No. 24, 25, 26 Sector-7, IMT Manesar - 122050 Gurugram, Haryana, India

The company has officially intimated the stock exchanges about these dates in compliance with Regulation 42 of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investors and shareholders should note that September 19, 2025, serves as both the Record Date for dividend eligibility and the Cut-Off Date for voting rights at the AGM. This alignment simplifies the process for shareholders, ensuring that those eligible for the dividend are also able to participate in the voting process at the upcoming AGM.

Hi-Tech Gears Limited, known for its presence in the auto components sector, continues to maintain its commitment to shareholder value through consistent dividend policies. Shareholders and potential investors are advised to mark these dates in their calendars and watch for further announcements regarding the AGM and the final dividend declaration.

Hi-Tech Gears Limited, a leading automotive component manufacturer, has reported mixed financial results for the first quarter of the fiscal year. The company saw a significant drop in net profit despite a substantial increase in EBITDA.

Key Financial Highlights

All financial figures in ₹ crores, except EPS in ₹

Financial Performance Analysis

Hi-Tech Gears' performance presents a mixed picture:

• Total income decreased by 16.3%, suggesting challenging market conditions or reduced demand.
• Net profit dropped sharply by 57.9%, directly impacted by the decline in revenue.
• EBITDA surged by 48%, indicating improved operational efficiency despite revenue challenges.

The significant increase in EBITDA could be attributed to cost-cutting measures, improved production efficiency, or a more favorable product mix.

Corporate Governance

The unaudited financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors. In line with regulatory requirements, the results have been published in newspapers and made available on stock exchange and company websites, ensuring transparency for shareholders and the public.

Outlook

While the significant drop in net profit may be a concern for investors, the substantial improvement in EBITDA suggests that Hi-Tech Gears is focusing on operational efficiency. The company's ability to boost EBITDA in a challenging revenue environment could position it well for future growth if market conditions improve.

Investors and stakeholders will likely be watching closely to see if Hi-Tech Gears can translate its operational improvements into stronger bottom-line results in the coming quarters.