In terms of Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Hi-Tech Pipes has informed that: Arvind Kumar Bansal, Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company vide its communication dated 21 June, 2022 has resigned from his post. The Board of Directors in its meeting held on today on 21st June, 2022 has accepted his resignation and relieved him from his duties. Further, the Board of Director has on the recommendation of Nomination and Remuneration Committee and approval of Audit Committee, approved the appointment of R N Maloo as an Executive Director & Group Chief Financial Officer (CFO) and designated as Key Managerial Personnel, CFO of the Company. The brief profile of R N Maloo and the required disclosure is enclosed. As per Company’s code of conduct to regulate, monitor and report trading by Designated Persons, framed pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, read with SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018, the trading window for dealing in the securities of the Company will remain closed for insiders/ designated persons/ connected persons for 48 hrs from this information.
The above information is a part of company’s filings submitted to BSE.
