The Hi-Tech Gears Limited announced that Mr. Sumeet Kumar who was appointed as Chief Financial Officer of the company with effect from February 09, 2023 is hereby redesignated as "Group Chief Financial Officer" of the Company with effect from May 27, 2023, duly approved and recommended by Nomination & Remuneration Committee and Audit Committee. Mr. Sumeet Kumar is master's in business & Administration (MBA) from Motilal Nehru Institute of Research & Business Administration (MONIRBA), University of Allahabad. His extensive experience of over 29 Years and knowledge in broad spectrum of Finance Management functions, Taxation, Restructuring Transactions, and Investor relations has been valuable for the company.