The Hi-Tech Gears Limited — Others, 07-12-2024: Copy of Newspaper Publication

The Hi-Tech Gears Ltd. has announced a board meeting to discuss the transfer of unclaimed equity shares to the Investor Education and Protection Fund (IEPF) account. This action affects shares for which dividends have remained unpaid for seven consecutive years, ensuring compliance with the Companies Act requirements. The anticipated impact on the company includes a cleaner financial record and potential restoration of shareholder trust, as it emphasizes accountability. Investors should view this as a positive outlook, as the company is actively managing shareholder interests and reinforcing its commitment to regulatory compliance.