Hi-Klass Trading and Investment Ltd — Insider Trade, 01-01-1970: Insider Trading / SAST

NicoIndia Consultancy LLP, a promoter of Hi-Klass Trading and Investment Limited, has announced a pledge of 11,37,172 equity shares (8% of total share capital) in favor of Metro Commercial Company Limited as security for credit facilities. This pledge was created to support the business and operational needs of the promoter. The disclosure corrects a previous typographical error regarding shares held before the pledge. This move reflects the promoter’s leveraging of shares to meet financial requirements, which shareholders should monitor for its impact on promoter holding and company credit profile.