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

NICOINDIA CONSULTANCY LLP, a Promoter of Hi-Klass Trading and Investment Limited, has converted its existing convertible warrants into equity shares. This led to the allotment of 0.96 Cr new equity shares to NICOINDIA at an offer price of Rs. 25 per share on a preferential basis. Consequently, NICOINDIA's direct voting stake in the company increased from 21.83% to 22.72%. This conversion also expanded the company's total equity share capital, impacting its capital structure and shareholder equity. The move strengthens the promoter's direct ownership in the company.