Hi-Klass Trading and Investment Ltd — Important, 01-09-2025: Company Update

The company's board has approved a significant capital boost, proposing to increase authorized share capital from Rs. 7.50 Cr to Rs. 17.50 Cr. This paves the way for a preferential issue of up to 2 Cr convertible warrants at Rs. 25 each, aiming to raise up to Rs. 50 Cr from promoters and non-promoters, all subject to shareholder approval. Additionally, the board accepted the resignation of Independent Director Sonu Agarwal and appointed Navin Kumar Jain as an Additional Independent Director, also subject to shareholder approval. An Annual General Meeting will be held via video conference, with book closure dates announced. A new Loan Against Property policy was also adopted.