Change in Director(s)

Hitech Corporation Limited Regd. Office & HO: 201, Welspun House 2nd Floor, Kamala City, Lower Parel - west Mumbai - 400 013 Ref: HCL/2026-27/DOE/02 July 10, 2026 The BSE Limited, The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai - 400 001. Bandra (E), Mumbai - 400 051. Scrip Code: 526217 Scrip Symbol: HITECHCORP Dear Sir/ Madam, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Re-appointment of Managing Director and Appointment of Independent Director In accordance with Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") and other applicable provisions of Listing Regulations, as amended from time to time, and in continuation of our intimation dated June 10, 2026, approval of the shareholders of the Company was sought by Postal Ballot for the re-appointment of Mr. Malav Dani (DIN: 01184336) as Managing Director of the Company, subject to Central Government approval and appointment of Mr. Mehli Golvala (DIN: 02234105) as an Independent Non-Executive Director. The results of the Postal Ballot were announced today and shareholders approved, by requisite majority, the aforesaid resolutions. The brief profiles of Mr. Malav Dani and Mr. Mehli Golvala are enclosed herewith as Annexure A. Further, to the best of our knowledge and information and as confirmed by both the directors, they have not been debarred from holding the office as a Director of the Company, by virtue of any order passed by the Securities and Exchange Board of India or any other authority as required under BSE Circular ref no. LIST/COMP/14/2018-19 and NSE Circular ref no. NSE/CML/2018/24 dated June 20, 2018. Further, as affirmed by them, they are not disqualified from holding the office as a Director pursuant to the provisions of Section 164 of the Companies Act, 2013. You are requested to take the above information on record. Yours faithfully, For Hitech Corporation Limited Hetali Mehta Company Secretary & Compliance Officer (Membership No.: A50317) Encl: As Above Integrity + Commitment + Innovation = Excellence CIN: L28992MH1991PLC168235 l An ISO 9001:2008 Certified Company l Tel: 91-22-40016500/24816500 l Fax: 91-22-24955659 l Email: corp@hitechgroup.com l Website: www.hitechcorporation.co Hitech Corporation Limited Regd. Office & HO: 201, Welspun House 2nd Floor, Kamala City, Lower Parel - west Mumbai - 400 013 ANNEXURE A. Details of disclosure as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD- 1/P/CIR/2023/123 dated July 13, 2023: Sr. Particular Details No. Mr. Malav Dani Mr. Mehli Golvala (DIN: 01184336) (DIN: 02234105) 1. Re ason for change Re-appointment as Managing Appointment as an Independent viz. appointment, re- Director of the Company by Non -Executive Director. appointment, extension of the term. resignation, removal, death or otherwise. 2. Da te of Effective Date of Re- Effective Date of appointment/re- appointment: August 05, Appointment: May 08, 2026 appointment 2026 3. Da te of cessation Not Applicable. Not Applicable. 4. Te rm of appointment Re-appointment is for a period of Appointment is for a period of five 5 years commencing from August consecutive years with effect from 05, 2026, to August 04, 2031, not May 08, 2026 to May 07, 2031, not liable to retire by rotation. liable to retire by rotation. 5. Br ief profile Mr. Malav Ashwin Dani is a global Mr. Mehli M. Golvala is a Fellow business leader, social Member of the ICAI with over 40 entrepreneur, and advocate of years of experience in taxation purpose-driven leadership. He laws. He previously served as the holds a Bachelor of Science degree Managing Partner and Senior Tax from Purdue University and an Partner at Kalyaniwalla & Mistry MBA from Columbia University. LLP (3 years back), where he He further strengthened his specialized in tax advisory and leadership foundation during a litigation for a diverse range of six-year tenure at General Electric sectors, including manufacturing, (GE), where he completed the real estate, shipping, and financial Information Management services, for both domestic and Leadership Program (IMLP) and multinational corporations. the Six Sigma Black Belt Program. At GE’s Corporate Treasury, he led His deep expertise in fiscal laws an award-winning project that and corporate governance makes received the prestigious him an invaluable asset to the Alexander Hamilton Corporate Board’s Finance and Audit Treasury Award. committees. Mr. Golvala currently serves as an Integrity + Commitment + Innovation = Excellence CIN: L28992MH1991PLC168235 l An ISO 9001:2008 Certified Company l Tel: 91-22-40016500/24816500 l Fax: 91-22-24955659 l Email: corp@hitechgroup.com l Website: www.hitechcorporation.co Hitech Corporation Limited Regd. Office & HO: 201, Welspun House 2nd Floor, Kamala City, Lower Parel - west Mumbai - 400 013 Mr. Dani serves as a Non- Independent Director on the Executive Director at Asian Paints Board of Geetanjali Trading and Limited and is the Chairman of its Investments Private Limited. Corporate Social Responsibility (CSR) Committee. He is the Managing Director of Hitech Corporation Limited, where he has led the company’s growth and strategic expansion since 2011, and also serves as President of Hitech Global Inc. in the United States. Mr. Dani is a Board Member of the Jackson School of Global Affairs at Yale University. He also serves as Chairman of the Indian American International Chamber of Commerce (IAICC) International Board, which promotes international trade and strengthens global economic partnerships. Mr. Dani contributes to policy and thought leadership as a member of the technical committee of the Bureau of Indian Standards (AYUSH) and as part of the Council of Management at the Forum of Free Enterprise. A proponent of “Compassionate Capitalism,” he has spoken at international forums, including Silicon Valley, advocating for a model that integrates business success with societal well-being. His contributions to global trade and social impact have been recognized with several honours, including a Special Congressional Recognition from the United States, the Asia Pacific Entrepreneurship Award, and accolades from distinguished leaders such as Dr. A.P.J. Abdul Integrity + Commitment + Innovation = Excellence CIN: L28992MH1991PLC168235 l An ISO 9001:2008 Certified Company l Tel: 91-22-40016500/24816500 l Fax: 91-22-24955659 l Email: corp@hitechgroup.com l Website: www.hitechcorporation.co Hitech Corporation Limited Regd. Office & HO: 201, Welspun House 2nd Floor, Kamala City, Lower Parel - west Mumbai - 400 013 Kalam, Dr. Pranab Mukherjee and Mr. Narendra Modi. Mr. Dani continues to champion the integration of business excellence and sustainability and is deeply committed to working for the greater good and making a positive impact in the world. 6. Di sclosure of Mr. Malav Dani is son of Mrs. Ina Mr. Mehli Golvala is not related relationships Dani, Non–Executive Non- to any other directors or Key between directors. Independent Director of the Managerial Personnel (KMP) of Company. Except from the above, the Company. he is not related to any other Director/KMP of the Company. 7. Inf ormation as Mr. Malav Dani is not debarred Mr. Mehli Golvala is not debarred required pursuant to from holding the office of from holding the office of BSE Circular ref no. director by virtue of any SEBI director by virtue of any SEBI LIST/COMP/14/2018- order or any other such authority. order or any other such authority. 19 and NSE Circular ref no. NSE/CML/2018/24 dated June 20, 2018. Integrity + Commitment + Innovation = Excellence CIN: L28992MH1991PLC168235 l An ISO 9001:2008 Certified Company l Tel: 91-22-40016500/2481650 [Showing first 8,000 characters — download PDF for full document]