Hi-Tech Pipes Limited announced that at its board meeting held on August 11, 2023, Mr. Anish Bansal, Whole Time Director (WTD) and Chief Financial Officer (CFO) of the company vide his Resignation Letter dated 11Th August, 2023 has resigned from the post of Chief Financial Officer of the company and will continue to act as Whole Time Director on the board. The Board has accepted his resignation. The Board of Director has on the recommendation of Nomination and Remuneration Committee and approval of Audit Committee, approved the appointment of Mr. Arvind Kumar Bansal as Chief Financial Officer (CFO-KMP) of the Company and further designated him as "Executive Director and CFO" at Group hierarchy level.

Mr. Bansal is a Chartered Accountant having post qualification experience of more than 25 years. During last 25 years, he has worked with India's reputed companies viz Surya Roshni Limited as Dy. Managing Director & CFO, Atul Limited as Finance & Operations Controller, Hi-Tech Pipes Ltd. as Chief Financial Officer, Jindal India Ltd. as Chief Executive Officer.

Ie possesses a vast experience of more than 20 years in the Steel Industry.