The Hi-Tech Gears climbs after appointing Vinod Raheja as CFO

The Hi-Tech Gears rallied 2.99% to Rs 763.90 after the company?s board approved the appointment of Vinod Raheja as chief financial officer CFO) with effect from 14 January2026.

His appointment follows the resignation of Kapil Rajora from the position of CFO. Rajora has transitioned to the role of chief commercial officer and will continue to serve the company in this new capacity.

Vinod Raheja a qualified chartered accountant (CA) brings over 32 years of finance leadership across auto, steel, manufacturing, and pharma sectors. His expertise spans across corporate finance, treasury, direct & indirect taxation, erp, risk management, IPOs, and M&A.

Raheja career progressing from senior manager ? finance at Hero MotoCorp (formerly Hero Honda) between 1993 to 2003, where he was responsible for financial reporting and corporate treasury. He then served as deputy general manager ? finance at Jindal Steel & Power in 2007, handling project finance, working capital, and risk mitigation.

He later moved to JCB India as vice president ? finance from November 2007 to January 2015, overseeing finance, taxation, budgeting, MIS, business restructuring and fiscal incentive management. This was followed by his tenure as CFO at Shriram Pistons & Rings from February 2015 to June 2020, where he focused on cost optimisation, strengthening internal controls and process digitisation.

Subsequently, Raheja served as group CFO at Akums Drugs between July 2020 and December 2021, where he laid the groundwork for an IPO and led strategic acquisitions. Most recently, he was group CFO at Minda Corporation (Spark Minda Group), spearheading digital transformation initiatives, operational efficiencies, working capital optimisation and M&A evaluations.

The Hi-Tech Gears is an auto component manufacturer (Tier-1 supplier) of world class repute and is engaged in the business of manufacturing, selling, exporting, and dealing automobile parts. The company spans a spectrum of products, including transmission and engine components, driveline components, engines design services and advanced technology-enabled products and solutions at the fore front of cutting-edge technology.

The company?s consolidated net profit declined 37% to Rs 6.01 crore on 2.4% fall in net sales to Rs 235.18 crore in Q2 September 2025 over Q2 September 2024.

Powered by Capital Market - Live News