Integrated Filing — IndAS



General information about company
Scrip Code 522073
NSE Symbol HITECHGEAR
MSEI Symbol NOTLISTED
ISIN INE127B01011
Name of company THE HI-TECH GEARS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 29-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 20-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment The standalone operations of the Company falls under manufacturing of gears and transmissions, which is considered to be the only reportable segment by the management
Start date and time of board meeting 29-May-2025   15:45:00
End date and time of board meeting 29-May-2025   18:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-02-13
Indicate Company website link for updated RPT policy of the Company www.thehitechgears.com
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 1596230000 6576090000
Other income 46560000 120030000
Total income 1642790000 6696120000
2 Expenses
(a) Cost of materials consumed 802090000 3316510000
(b) Purchases of stock-in-trade 43030000 156360000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -17240000 -64880000
(d) Employee benefit expense 208150000 948300000
(e) Finance costs 24630000 118710000
(f) Depreciation, depletion and amortisation expense 83620000 327710000
(f) Other Expenses
1 Other Expenses 313940000 1257720000
Total other expenses 313940000 1257720000
Total expenses 1458220000 6060430000
3 Total profit before exceptional items and tax 184570000 635690000
4 Exceptional items 0 0
5 Total profit before tax 184570000 635690000
6 Tax expense
7 Current tax 53200000 170570000
8 Deferred tax -2240000 -8660000
9 Total tax expenses 50960000 161910000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 133610000 473780000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 133610000 473780000
17 Other comprehensive income net of taxes -81460000 -111200000
18 Total Comprehensive Income for the period 52150000 362580000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 187930000 187930000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 4518010000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 7.11 25.23
Diluted earnings (loss) per share from continuing operations 7.11 25.19
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 7.11 25.23
Diluted earnings (loss) per share from continuing and discontinued operations 7.11 25.19
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1. The above Financial Results (Standalone and Consolidated) have been reviewed by the Audit Committee at their meeting held on 29th May 2025 & thereafter approved by the Board of Directors in their meeting held on 29th May 2025. These results have been audited by the Statutory Auditors of the Company. n2. Figures for the quarter ended March 31, 2025, and March 31, 2024, represent the balancing figures between the audited figures for the full financial year and the published year-to-date reviewed figures up to the third quarter of the respective financial year. n3. The Board of Directors have recommended a final dividend of Rs. 5 (Rupees Five Only) per equity shares of Rs.10/- (Rupees Ten only) each, i.e. 50 % on the paid-up share capital of the Company, subject to the approval of the members at their Annual General Meeting. n4. The Nomination and Remuneration Committee of the Board of Directors of the Company vide its resolution dated February 12, 2025, has approved allotment of 15,031 Equity shares of Rs. 10/- each to the eligible employees of the Company (Including subsidiary company) pursuant to “The Hi-Tech Gears Limited Stock Incentive Plan, 2021”. Therefore, the paid-up equity share capital of the Company has increased from Rs. 18,77,81,860/-consisting of 1,87,78,186 equity shares of Rs. 10/- each. to Rs. 18,79,32,170/-consisting of 1,87,93,217 equity shares of Rs. 10/- each. n5. The standalone operations of the company fall under the manufacturing of gears and transmissions, which is considered to be the only reportable segment by the management. For consolidated operations, the Group has three operating segments (India, Canada and Others), which have been determined on geographical basis. n6. Other Comprehensive Income mentioned in point number 17 includes loss amounting to Rs 116.20 million on account of impairment in fair valuation of investment in the equity shares of Altigreen Propulsion Labs Private Limited based on the share valuation report of registered valuer. n n



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 2320540000
Capital work-in-progress 7270000
Investment property 0
Goodwill 0
Other intangible assets 7210000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 1549500000
Trade receivables, non-current 0
Loans, non-current 71470000
Other non-current financial assets 59330000
Total non-current financial assets 1680300000
Deferred tax assets (net) 2480000
Other non-current assets 57120000
Total non-current assets 4074920000
2 Current assets
Inventories 929480000
Current financial asset
Current investments 0
Trade receivables, current 1161930000
Cash and cash equivalents 64440000
Bank balance other than cash and cash equivalents 243060000
Loans, current 3340000
Other current financial assets 6890000
Total current financial assets 1479660000
Current tax assets (net) 10460000
Other current assets 209270000
Total current assets 2628870000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 6703790000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 187930000
Other equity 4518010000
Total equity attributable to owners of parent 4705940000
Non controlling interest
Total equity 4705940000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 558900000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 0
Total non-current financial liabilities 558900000
Provisions, non-current 37260000
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 8060000
Total non-current liabilities 604220000
Current liabilities
Current financial liabilities
Borrowings, current 548740000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 70520000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 546810000
Total Trade payable 617330000
Other current financial liabilities 139210000
Total current financial liabilities 1305280000
Other current liabilities 66900000
Provisions, current 21450000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 1393630000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 1997850000
Total equity and liabilites 6703790000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss -115290000 -115200000
Total Amount of items that will not be reclassified to profit and loss -115290000 -115200000
2 Income tax relating to items that will not be reclassified to profit or loss -15160000 -21390000
3 Amount of items that will be reclassified to profit and loss
1 Items that will be classified to profit and losst 24660000 2080000
Total Amount of items that will be reclassified to profit and loss 24660000 2080000
4 Income tax relating to items that will be reclassified to profit or loss 5990000 19470000
5 Total Other comprehensive income -81460000 -111200000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 635690000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 118710000
Adjustments for decrease (increase) in inventories -75610000
Adjustments for decrease (increase) in trade receivables, current 254500000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 6010000
Adjustments for decrease (increase) in other non-current assets -440000
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 17250000
Adjustments for other bank balances 155540000
Adjustments for increase (decrease) in trade payables, current -175990000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 14010000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 327710000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -15280000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current -39660000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains -2450000
Adjustments for dividend income 30000
Adjustments for interest income 34960000
Adjustments for share-based payments 3620000
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -2930000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 550000000
Net cash flows from (used in) operations 1185690000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 151760000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 1033930000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 10850000
Purchase of property, plant and equipment 239970000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants -760000
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 8530000
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 30000
Interest received 34960000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities -186360000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 150000
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 605200000
Payments of lease liabilities 26290000
Dividends paid 93890000
Interest paid 118100000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -843330000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 4240000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 4240000
Cash and cash equivalents cash flow statement at beginning of period 60200000
Cash and cash equivalents cash flow statement at end of period 64440000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s YAPL & Co., Chartered Accountants Yes 31-Mar-2027


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 The Hi-Tech Gears Ltd The Hi-Tech Engineering Systems Pvt. Ltd. Associate Company Any other transaction Rendering of Job Work/Services 39500000 NA 3000000 0 0
2 The Hi-Tech Gears Ltd The Hi-Tech Engineering Systems Pvt. Ltd. Associate Company Any other transaction Purchase of Goodsor Asset 790000000 NA 210000000 64600000 153040000
3 The Hi-Tech Gears Ltd The Hi-Tech Engineering Systems Pvt. Ltd. Associate Company Any other transaction Sale of Goods or Assests 288600000 NA 50000 0 0 Textual Information(1)
4 The Hi-Tech Gears Ltd Aquarian Fibrecement Pvt. Ltd. Associate Company Any other transaction Rent 30000000 NA 10890000 0 0
5 The Hi-Tech Gears Ltd Vulcan Electro Controls Ltd. Associate Company Any other transaction Sale of Goods or Assets 118500000 NA 1730000 0 0
6 The Hi-Tech Gears Ltd Vulcan Electro Controls Ltd. Associate Company Any other transaction Receiving of Job Work/Services 586000000 NA 74890000 0 0
7 The Hi-Tech Gears Ltd Vulcan Electro Controls Ltd. Associate Company Any other transaction Purchase of Goods or Assets 2156000000 NA 501850000 140020000 123340000
8 The Hi-Tech Gears Ltd Vulcan Electro Controls Ltd. Associate Company Any other transaction Rendering of Job Work/Services 39500000 NA 0 0 0 Textual Information(2)
9 The Hi-Tech Gears Ltd The Hi-Tech Robotic Systemz Ltd Associate Company Any other transaction Receiving of Job Work/Services 87440000 NA 15000000 5400000 2700000
10 The Hi-Tech Gears Ltd Neo-Tech Smart Solutions Inc. Subsidiary Company Any other transaction Receiving of Job Work/Services 25000000 NA 0 610000 610000
11 The Hi-Tech Gears Ltd Neo Tech Auto Systemz INC Subsidiary Company Any other transaction Receiving of Job Work/Services 25000000 NA 0 2740000 40000
12 The Hi-Tech Gears Ltd The Hi-Tech Gears Canada Inc. Subsidiary Company Any other transaction Sale of Goods or Assets 348000000 NA 74060000 12380000 32120000
13 The Hi-Tech Gears Ltd Summit Inport Services Limited Associate Company Any other transaction Rent 30000 NA 30000 0 30000
14 The Hi-Tech Gears Ltd 2545887 Ontario Inc. Subsidiary Company Loan 0 NA 0 72910000 70060000 Loan 0.059 Payable on demand but not later than 5 years of initial disbursement Unsecured For Business purpose Textual Information(3)
15 The Hi-Tech Gears Ltd 2545887 Ontario Inc. Subsidiary Company Interest received 0 NA 4220000 0 0
16 The Hi-Tech Gears Ltd Mr. Deep Kapuria Executive Director and Chairperson Any other transaction Rent 1100000 NA 670000 0 0
17 The Hi-Tech Gears Ltd Mr. Deep Kapuria Executive Director and Chairperson Remuneration 0 NA 23620000 0 0
18 The Hi-Tech Gears Ltd Mr. Pranav Kapuria Executive Director and MD Any other transaction Rent 1100000 NA 670000 0 0
19 The Hi-Tech Gears Ltd Mr. Pranav Kapuria Executive Director and MD Remuneration 0 NA 15800000 0 0
20 The Hi-Tech Gears Ltd Mr. Anuj Kapuria Executive Director Any other transaction Rent 1100000 NA 670000 0 0
21 The Hi-Tech Gears Ltd Mr. Anuj Kapuria Executive Director Remuneration 0 NA 15800000 0 0
22 The Hi-Tech Gears Ltd Mrs. Veena Kapuria Promoter Group Any other transaction Rent 1100000 NA 670000 0 0
23 The Hi-Tech Gears Ltd Ms. Malini Sud Non Executive and Independent Director Any other transaction Director sitting fees 0 NA 20000 0 0
24 The Hi-Tech Gears Ltd Mr. Rajiv Batra Non Executive and Independent Director Any other transaction Director sitting fees 0 NA 100000 0 0
25 The Hi-Tech Gears Ltd Mr. Anant Jaivant Talaulicar Non Executive and Non-Independent Director Any other transaction Director sitting fees 0 NA 40000 0 0
26 The Hi-Tech Gears Ltd Mr. Bidadi Anjani Kumar Non Executive and Non-Independent Director Any other transaction Director sitting fees 0 NA 90000 0 0
27 The Hi-Tech Gears Ltd Mr.Sameer Gupta Non Executive and Independent Director Any other transaction Director sitting fees 0 NA 110000 0 0
28 The Hi-Tech Gears Ltd Mr. Arjun Juneja Non Executive and Independent Director Any other transaction Director sitting fees 0 NA 60000 0 0
29 The Hi-Tech Gears Ltd Mr. Vikaram Rupchand Jaisinghani Non Executive and Independent Director Any other transaction Director sitting fees 0 NA 70000 0 0
30 The Hi-Tech Gears Ltd Mr. Deval Mahadev Desai Non Executive and Independent Director Any other transaction Director sitting fees 0 NA 40000 0 0
31 The Hi-Tech Gears Ltd Mrs. Suchitra Rajendra Non Executive and Independent Director Any other transaction Director sitting fees 0 NA 50000 0 0
32 The Hi-Tech Gears Ltd Mr. Kawal Jain Non Executive and Non-Independent Director Any other transaction Director sitting fees 0 NA 100000 0 0
33 The Hi-Tech Gears Ltd Mr. Kapil Rajora Key Managerial Personnel(KMP) Any other transaction Remuneration 0 NA 7670000 0 0
34 The Hi-Tech Gears Ltd Mr. Naveen Jain Key Managerial Personnel(KMP) Any other transaction Remuneration 0 NA 2680000 0 0
35 The Hi-Tech Gears Ltd Mr. Girish Narang Executive Director Any other transaction Remuneration 0 NA 3090000 0 0
Total value of transaction during the reporting period 967740000



Text Block
Textual Information(1) Actual value of transaction during the period is 0.054 million. But XBRL utility allows figures upto two decimal only. Therefore, system is showing 0.05 instead of 0.054 million.
Textual Information(2) Actual value of transaction during the period is 0.001 million. But XBRL utility allows figures upto two decimal only. Therefore, system is showing 0.00 instead of 0.001 million.
Textual Information(3) Difference between opening and closing balance of Loan extended to 2545887 Ontario INC is due to foreign exchange fluctuation.