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The Hi-Tech Gea
BSE: 522073NSE: HITECHGEARISIN: INE127B01011

23rd-Apr-2021 13:18Source: BSE

The Hi -Tech Gears - Format of Initial Disclosure to be made by an entity identified as a Large Corporate

Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompayThe Hi-Tech Gears Ltd
2CINL29130HR1986PLC081555
3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 75.16
4Highest Credit Rating during the previous FY BBB+
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CRISIL LTD.
5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No



Name of the Company Secretary: Naveen Jain
Designation: Company Secretary
EmailId: naveen.jain@thehitechgears.com
Name of the Chief Financial Officer: Vijay Mathur
Designation: Chief Financial Officer
EmailId: secretarial@thehitechgears.com

Date: 23/04/2021

Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.

Board Meeting (The Hi-Tech Gea)

Meeting Date

Remark

2021-06-29

Audited Results & Final Dividend