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An announcement from Hi-Tech Gears Limited ( (IN:HITECHGEAR) ) is now available.
Hi-Tech Gears Limited has announced updates regarding its ongoing Corporate Insolvency Resolution Process (CIRP). The National Company Law Appellate Tribunal (NCLAT) has extended the interim stay on the CIRP, initially granted in September 2024, due to a delay in proceedings. The next hearing is scheduled for December 16, 2025. This development may impact the company’s operational stability and stakeholder confidence as the resolution process remains in limbo.
More about Hi-Tech Gears Limited
Hi-Tech Gears Limited operates in the manufacturing sector, focusing on the production of automotive components. The company has a presence in India, Canada, and the USA, with subsidiaries such as The Hi-Tech Gears Canada Inc. and Teutech LLC.
Average Trading Volume: 431
Technical Sentiment Signal: Strong Buy
Current Market Cap: 15.97B INR
See more data about HITECHGEAR stock on TipRanks’ Stock Analysis page.