Hitech corporation Limited has scheduled a board meeting for February 10, 2026, to review and approve its third-quarter financial results for FY26. The company has formally notified both BSE and NSE about this important corporate development through an official communication dated February 4, 2026.

Board Meeting Details

The meeting agenda focuses on considering and approving the audited standalone and consolidated financial results for the quarter ended December 31, 2025. This announcement comes in compliance with Regulation 29 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Trading Window Status

The company has provided important information regarding its trading window policy. Currently, the trading window remains closed in anticipation of the financial results publication. This closure is in accordance with the company's "Code of Conduct to regulate, monitor and report trading by its Employees and other Connected Persons."

The trading window will reopen after a specified waiting period following the public disclosure of financial results. According to the company's policy, trading activities will resume 48 hours after the financial results are made available to the public.

Regulatory Communication

Company Secretary and Compliance Officer Hetali Mehta signed the official notification, which was digitally authenticated on February 4, 2026. The communication was addressed to both major stock exchanges where the company's shares are listed - BSE Limited and National Stock Exchange of India Limited.

The company trades under scrip code 526217 on BSE and symbol HITECHCORP on NSE. This formal notification ensures transparency and keeps all stakeholders informed about the upcoming corporate announcement in line with regulatory requirements.

Hitech Corporation Limited, a leading player in the plastic products industry, has announced its financial results for the second quarter and half-year ended September 30, 2025, along with significant leadership changes.

Financial Performance

The company reported a mixed set of results for Q2 2025, with consolidated revenue growth but a decline in standalone profits. Here's a breakdown of the key financial metrics:

The company's consolidated performance shows significant improvement, with a 12.2% increase in revenue and a 50% jump in net profit compared to the same quarter last year. However, on a standalone basis, Hitech Corporation experienced a 48.4% decline in net profit despite a 9.3% increase in total income.

For the half-year ended September 30, 2025, the company's standalone profit decreased to ₹491.20 lakhs from ₹697.05 lakhs in the previous year.

Leadership Extensions

In a strategic move to ensure continuity and leverage experienced leadership, Hitech Corporation's Board of Directors has approved term extensions for three key personnel:

1. Mr. Raghavendra Prasad (General Manager-HR): Extended for two years, from March 13, 2025, to March 12, 2027.
2. Mr. V.S.R. Anjaneyulu (Vice President-Technology Center): Extended for one year, from September 6, 2025, to September 5, 2026.
3. Mr. Mehernosh Mehta (Whole-Time Director): Extended beyond the internal retirement age of 58 years until March 16, 2026.

These extensions aim to maintain stability in the company's senior management and capitalize on the extensive experience of these leaders in their respective domains.

Business Segment and Outlook

Hitech Corporation continues to operate primarily in the plastic products segment. The company's focus on this sector, coupled with the retention of key leadership, suggests a strategy aimed at leveraging industry expertise and maintaining market position.

The mixed financial results, showing growth in consolidated figures but a decline in standalone profits, indicate challenges in certain areas of operations. However, the leadership extensions demonstrate the company's commitment to navigating these challenges with experienced management at the helm.

Investors and stakeholders will be watching closely to see how these strategic decisions impact Hitech Corporation's performance in the coming quarters, particularly in light of the evolving market dynamics in the plastic products industry.