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

The company's Board has approved a significant capital increase, raising its Authorized Share Capital from 7.50 Cr to 17.50 Cr. This paves the way for a preferential issue of up to 2 Cr convertible warrants at Rs. 25 each, targeting up to Rs. 50 Cr from promoters and non-promoters, to be converted into equity shares within 18 months. Shareholders' approval is pending for these moves. The Board also finalized the draft annual report, set Book Closure dates for the upcoming Annual General Meeting, accepted an Independent Director's resignation, and appointed an Additional Independent Director. A new Loan Against Property policy was adopted.