Hi-Klass Trading and Investment Ltd — Important, 16-12-2025: Company Update

The company's Board approved the preferential allotment of 19.3 million convertible warrants, each with a face value of Rs. 5 and an issue price of Rs. 25. This move aims to raise capital, with the company receiving an initial 25% payment totaling Rs. 12.06 Cr from 32 investors, including promoters and non-promoters. These warrants can be converted into an equivalent number of equity shares within 18 months by paying the remaining 75% of the issue price. If not converted, the initial payment will be forfeited. A new committee has been formed to manage future equity conversions.