Hi-Tech Gears Ltd has announced a leadership change in its finance function, appointing Vinod Raheja as Chief Financial Officer (CFO) following the resignation of Kapil Rajora. The transition underscores the company’s focus on strengthening financial leadership to support its growth strategy and operational excellence in the automotive components sector.
Hi-Tech Gears Ltd, a leading manufacturer of automotive components, has confirmed a key change in its senior management. The company’s board has approved the appointment of Vinod Raheja as Chief Financial Officer (CFO), effective immediately, succeeding Kapil Rajora, who has stepped down from the role.
The leadership transition comes at a crucial time as Hi-Tech Gears continues to expand its footprint in domestic and international markets, focusing on innovation, efficiency, and financial discipline.
Key Highlights:
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New Appointment: Vinod Raheja named CFO of Hi-Tech Gears Ltd.
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Resignation: Kapil Rajora resigned from the CFO position.
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Strategic Context: Transition aimed at strengthening financial leadership to support growth and global expansion.
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Industry Positioning: Hi-Tech Gears remains a key supplier in automotive components, with a strong presence in India and overseas.
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Investor Outlook: The change is expected to reinforce confidence in the company’s governance and financial management.
This CFO transition reflects Hi-Tech Gears’ commitment to aligning leadership with its long-term strategic priorities, ensuring robust financial oversight as the company navigates evolving industry dynamics.
Sources: BSE Corporate Filings, Moneycontrol, Economic Times Markets