Board of The Hi-Tech Gears approves ESOP of 6 lakh equity shares

At meeting held on 12 April 2021

The Board of The Hi-Tech Gears at its meeting held on 12 April 2021 has approved the Employee Stock Option of 6,00,000 (Six Lakhs) equity shares of Rs. 10 each under the name "The Hi-Tech Gears Limited Stock Incentive Plan , 2021" (THGL SIP 2021) to the eligible employees of the Company and/or subsidiary companies at such exercise price and other terms as may determined by the Board, subject to approval of Shareholders.

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