Hi-Tech Pipes Ltd appoints Mr. Nehal Shah as Chief Strategy Officer

Hi-Tech Pipes Limited (NSE: HITECH, BSE: 543411), a leading manufacturer of steel pipes and related products, is pleased to announce the appointment of Mr. Nehal Shah as the Chief Strategy Officer (CSO) (Senior Management Person) of the Company, with effect from 22nd September, 2025.

This is a newly created leadership position, reflecting the Company's commitment to strengthening its strategic planning, business expansion, and execution capabilities in line with its long-term growth vision.

Mr. Shah, a Commerce Graduate (B.Com) and a qualified Chartered Accountant, brings with him over two decades of rich experience in equity research, corporate strategy, and industry analysis, with deep expertise in the building materials sector. Throughout his career, he has held senior roles in reputed organizations such as Kajaria Ceramics, Century Plyboards, and ICICI Securities, where he contributed significantly to business growth, market positioning, and long-term value creation.

Commenting on the appointment: Mr. Ajay Kumar Bansal, Managing Director of Hi-Tech Pipes Limited, said: "We are delighted to welcome Mr. Nehal Shah as our Chief Strategy Officer. His vast industry experience, deep market insights, and strong strategic orientation will play a pivotal role in driving Hi-Tech Pipes' growth journey, enhancing our competitive edge, and strengthening stakeholder value. The creation of this position reaffirms our commitment to expanding our market presence, exploring new business opportunities, and delivering sustainable long-term growth."

On his appointment, Mr. Nehal Shah said: "I am honored to join Hi-Tech Pipes at this exciting phase of its growth journey. With the Company's strong foundation and forward-looking vision, I look forward to contributing towards building and executing strategies that will unlock new opportunities, strengthen market leadership, and create value for all stakeholders."

With this strategic move, Hi-Tech Pipes continues to focus on innovation, expansion, and operational excellence, aligning itself with emerging opportunities in the steel pipes and infrastructure sector.

Shares of Hi-Tech Pipes Limited was last trading in BSE at Rs. 169.50 as compared to the previous close of Rs. 165.00. The total number of shares traded during the day was 236641 in over 3086 trades.

The stock hit an intraday high of Rs. 171.45 and intraday low of 164.70. The net turnover during the day was Rs. 39707051.00.

Source : Equity Bulls

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