Hi-Tech Pipes Limited announced that 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. The brief profile of Mr. Bansal and the required disclosure is enclosed herewith. Date of Appointment- August 11, 2023.

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.

He possesses a vast experience of more than 20 years in the Steel Industry. He is having exposure to all facets of the business including Sales operations, Purchase operations, Manufacturing operations, Corporate taxation, System establishment & improvements, Budgeting-forecasting & variance analysis, Financial & management accounting, Corporate fund raising functions, Cost savings for the organization, Investor relation and Profitability improvements.