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

The company's board has approved raising authorized capital from Rs. 7.50 Cr to Rs. 17.50 Cr and a preferential issue of up to 2 Cr convertible warrants at Rs. 25 each, aiming to raise Rs. 50 Cr. These moves, pending shareholder approval, are set to boost the company's capital base. The Annual General Meeting is scheduled for September 27 via video conference, with book closure from September 21-27. An independent director resigned, and a new one was appointed, subject to shareholder nod. The company also adopted a Loan Against Property policy.