Tech Gears CIRP Hearing Postponed to July 2026, Interim Stay Continues
April 23, 2026
The Hi-Tech Gears Limited has notified stock exchanges about the postponement of its Corporate Insolvency Resolution Process hearing at NCLAT from April 20 to July 10, 2026. The tribunal has continued the interim stay on CIRP proceedings, providing temporary relief while the appeal filed by Company Secretary Naveen Jain against Happy Forgings Ltd. remains pending.
Hi-tech gears Limited has updated stock exchanges regarding the postponement of its Corporate Insolvency Resolution Process (CIRP) hearing at the National Company Law Appellate Tribunal (NCLAT). The company informed the National Stock Exchange and BSE Limited on April 22, 2026, about the scheduling changes and continuation of legal protections.
NCLAT Hearing Postponement
The NCLAT was scheduled to hear the matter on April 20, 2026, but due to paucity of time, the tribunal could not proceed with the hearing. The case has been rescheduled for July 10, 2026, extending the timeline for resolution of the insolvency proceedings.
Case Details: Information Original Hearing Date: April 20, 2026 New Hearing Date: July 10, 2026 Case Number: Company Appeal (AT) (Insolvency) No. 1734 of 2024 & I.A. No. 2735 of 2025 Tribunal: NCLAT Principal Bench, New Delhi
Interim Stay Continuation
The NCLAT has directed the continuation of the interim stay on the CIRP process, which was originally granted through its order dated September 03, 2024. This stay prevents the progression of insolvency proceedings against the company, providing temporary relief while the appeal is pending.
Legal Status: Details Interim Stay Status: Continued Original Stay Date: September 03, 2024 NCLAT Order Reference: February 18, 2026 Stay Duration: Until July 10, 2026 hearing
Case Participants
The appeal has been filed by Naveen Jain, who serves as Company Secretary and is also a shareholder of The Hi-Tech Gears Limited, against Happy Forgings Ltd. and others. The case is being heard by Justice Yogesh Khanna (Member Judicial) and Mr. Ajai Das Mehrotra (Member Technical) at the NCLAT Principal Bench in New Delhi.
Corporate Communication
The company has fulfilled its disclosure obligations under Regulation 30 by informing both stock exchanges about the development. The NCLAT order was uploaded on the tribunal's website on April 22, 2026, and a copy has been provided to the exchanges for their records. This communication ensures transparency regarding the ongoing legal proceedings and their impact on the company's operations.
Hi-tech gears Limited has filed its quarterly compliance certificate with the National Stock Exchange and BSE Limited, confirming adherence to SEBI regulations for dematerialization processes during the quarter ended March 31, 2026. The certificate was submitted on April 07, 2026, by Company Secretary and Compliance Officer Naveen Jain.
Regulatory Compliance Certificate
The certificate was issued pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. MAS Services Limited, serving as the company's Registrar and Share Transfer Agent, provided confirmation that all securities received for dematerialization during the specified quarter were processed in compliance with regulatory requirements.
Parameter: Details Reporting Period: January 01, 2026 to March 31, 2026 Filing Date: April 07, 2026 RTA: MAS Services Limited Company Secretary: Naveen Jain (Membership No. A15237)
Dematerialization Process Compliance
MAS Services Limited confirmed that securities received from Depository Participants during the quarter were processed within the mandatory 15-day timeframe. The RTA verified that all security certificates received for dematerialization were properly mutilated and cancelled after due verification.
Key compliance aspects confirmed include:
Securities accepted or rejected within 15 days of receipt
Depository names substituted in register of members as registered owners
Updates provided to depositories and stock exchanges within stipulated timeframe
Register of members updated accordingly
Stock Exchange Communication
The compliance certificate was submitted to both major Indian stock exchanges where Hi-Tech Gears shares are listed. The company trades on NSE under the symbol HITECHGEAR and on BSE with scrip code 522073.
Corporate Information
Hi-Tech Gears Limited operates from its corporate office in Gurugram, Haryana, with manufacturing facilities across multiple locations in Rajasthan and Haryana. The company maintains subsidiaries in Canada and the United States, reflecting its international presence in the automotive components sector.
This quarterly filing represents part of the company's ongoing regulatory compliance obligations, ensuring transparency in share transfer and dematerialization processes for investor protection.
We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.
Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.
As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.