Hitech Corporation Limited strengthens leadership with MD re-appointment and independent director appointment

Hitech Corporation Limited is reshaping its leadership, confirming the appointment of new governance alignments after a shareholder vote conducted by postal ballot. The company disclosed the approval of two key moves: the re-appointment of Malav Ashwin Dani as Managing Director and the appointment of Mehli M. Golvala as an Independent Non-Executive Director. The changes come with five-year terms, not subject to retirement by rotation, with Malav Dani’s re-appointment effective August 5, 2026 (to August 4, 2031) and Mehli Golvala’s appointment effective May 8, 2026 (to May 7, 2031). The company emphasized that both directors are not debarred from holding office and are in good standing with applicable regulatory requirements.