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The Hi-Tech Gears Ltd logo

The Hi-Tech Gears Ltd

NSE: HITECHGEAR BSE: 522073

₹567.45

(2.07%)

Tue, 22 Sept 2026, 05:58 pm

Company History

1986

  • The company was incorporated and began manufacturing gears.
  • The company was promoted by Mr. Deep Kapuria.
  • The company set up a backward integration project for precision not/cold die extruded forgings.

1992

  • The company issued 7,84,000 equity shares on a Rights Basis to existing equity shareholders.
  • The company offered 39,200 equity shares to employees by way of Firm Allotment.
  • The company installed sophisticated machineries with PLC and CNC.

1993

  • The company came out with a Rights Issue of 9,36,600 equity shares.
  • The company's working marginally declined due to the recession in the automobile industry.

1996

  • Lt. Gen J.K. Khanna and Mr. G.D. Dutta, Directors of the company, retired at the Annual General Meeting.

1997

  • The company achieved the ISO 9002 accreditation.
  • The company acquired the latest design software for developing gears for advanced automobiles.

1998

  • The company installed Power Factor Capacitors to regulate the phase-wise current and optimize the usage of electricity.

1999

  • The company developed markets in Germany and increased its business in the UK.

2000

  • The company joined hands with Getrag Gears of the US to establish a joint venture for manufacturing timing gears.
  • The company entered into an agreement with National Securities Depository Limited.

2005

  • The company gave a bonus in the ratio of 1:1.

2007

  • The company appointed Mr. Deepak Rai as Chief Financial Officer.

2008

  • The company appointed Mr. Ashish Tandon as the new Chief Financial Officer.

2010

  • The company appointed Mr. Anuj Kapuria as Executive Director.
  • The company gave a bonus in the ratio of 1:1.

2011

  • The Board of Directors declared an interim dividend on equity shares at 15%.

2012

  • The Board of Directors declared an Interim Dividend on equity shares at 20%.

2013

  • The Board recommended a Final Dividend on equity shares at 15%.

2014

  • The company appointed Mr. Alok Agarwal as the Chief Financial Officer.
  • The company was awarded the TPM Award for Excellence in Consistent TPM Commitment by Japan Institute of Plant Maintenance.
  • The company changed its name from Hi Tech Gears Ltd. to The Hi-Tech Gears Ltd.
  • The Board recommended a Final Dividend on equity shares at 15%.

2015

  • The company changed its name to The Hi-Tech Gears Limited.

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