Hi-tech gears Limited has announced a strategic leadership restructuring following a Board of Directors meeting held on January 13, 2026. The automotive components manufacturer has implemented key changes in its senior management team, marking a significant organizational transition.

Leadership Transition Details

The company's board approved three major personnel changes during the meeting that commenced at 5:30 PM and concluded at 5:56 PM on January 13, 2026. These changes reflect the company's strategic approach to organizational restructuring while maintaining continuity in leadership expertise.

New CFO Profile and Experience

Vinod Raheja brings extensive financial leadership experience spanning over 32 years across automotive, steel, manufacturing, and pharmaceutical sectors. As a qualified Chartered Accountant, Raheja has demonstrated expertise in corporate finance, treasury management, direct and indirect taxation, ERP systems, risk management, IPOs, and mergers and acquisitions.

His career progression includes significant roles at major corporations:

• Hero MotoCorp (1993-2006): Senior Manager - Finance, managing financial reporting and corporate treasury
• Jindal Steel & Power (2007): Deputy General Manager - Finance, handling project finance and risk mitigation
• JCB India (2007-2015): Vice President - Finance, overseeing comprehensive financial operations
• Shriram Pistons & Rings (2015-2020): CFO, driving cost reductions and process digitization
• Akums Drugs (2020-2021): Group CFO, preparing IPO foundations
• Minda Corporation (Spark Minda Group): Group CFO, leading digital transformation and M&A evaluations

Outgoing CFO's New Role

Kapil Rajora, who submitted his resignation on January 13, 2026, will transition to the position of Chief Commercial Officer designated as Senior Management Personnel under SEBI LODR Regulations, 2015. This transition maintains his strong association with the company while allowing him to take on new responsibilities in a commercial capacity.

Rajora holds a Bachelor of Engineering in Electrical Engineering from Delhi College of Engineering and completed his Post Graduate Programme from Indian Institute of Management Bangalore in 2006. He brings approximately 20 years of experience in strategic business planning, financial planning, working capital management, and cross-border mergers and acquisitions.

Professional Background and Expertise

Rajora's professional journey includes significant experience with Accenture Strategy from 2006 to 2017, where he worked on end-to-end project delivery and business development across automotive clients in India. Since 2017, he has been associated with Hi-Tech Gears Limited, initially serving as Vice President (Strategy and Special Projects) before being appointed as Chief Financial Officer.

Regulatory Compliance

The leadership changes have been communicated to both the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive details as required under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The seamless transition ensures continuity in the company's financial leadership while positioning both executives in roles that leverage their respective expertise and experience in the automotive components industry.

Hi-tech gears Limited has announced a strategic leadership restructuring following a board meeting held on January 13, 2026. The company disclosed key managerial personnel changes under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, marking a significant transition in its executive leadership.

CFO Transition Details

The board approved the resignation of Kapil Rajora from his position as Chief Financial Officer and Key Managerial Personnel, effective from the close of business hours on January 13, 2026. According to the company's disclosure, this resignation was necessitated by a change in his professional role within the organization rather than any material concerns.

New CFO Appointment

Vinod Raheja has been appointed as the new Chief Financial Officer and Key Managerial Personnel, effective January 14, 2026. His appointment was recommended by both the Nomination and Remuneration Committee and the Audit Committee.

Raheja brings extensive experience across multiple industries, having progressed from Senior Manager – Finance at Hero MotoCorp (1993-2006) to various senior positions including Deputy General Manager at Jindal Steel & Power, Vice President at JCB India, CFO at Shriram Pistons & Rings, Group CFO at Akums Drugs, and Group CFO at Minda Corporation.

Leadership Continuity Strategy

Kapil Rajora will transition to Chief Commercial Officer, designated as Senior Management Personnel under SEBI (LODR) Regulations, 2015, effective January 14, 2026. This strategic move ensures continuity of his expertise within the organization while facilitating the leadership transition.

Rajora holds a Bachelor of Engineering degree in Electrical Engineering from Delhi College of Engineering and completed his Post Graduate Programme from Indian Institute of Management Bangalore in 2006. He brings approximately 20 years of experience in Strategic Business Planning, Financial Planning, Working Capital Management, and Cross-border Mergers & Acquisitions. Since 2017, he has been associated with Hi-Tech Gears Limited, initially as Vice President (Strategy and Special Projects) before being appointed as CFO.

Board Meeting Summary

The board meeting commenced at 05:30 P.M. and concluded at 05:56 P.M. on January 13, 2026, lasting 26 minutes. The meeting was conducted in compliance with regulatory requirements, with Company Secretary and Compliance Officer Naveen Jain overseeing the documentation and disclosure process.

The leadership changes reflect the company's strategic approach to organizational development while maintaining operational continuity through internal transitions and experienced external appointments.