Hi-Klass Trading and Investment Ltd (542332)

Hi-Klass Trading and Investment Ltd has submitted its Statement of Deviation or Variation under Regulation 32 for the quarter and half-year ended September 30, 2026. The company confirmed that there was no deviation in the utilization of proceeds raised via preferential issues of convertible warrants. Funds were previously raised in three tranches: Rs 11.97 cr on January 14, 2026, Rs 12.11 cr on February 11, 2026, and Rs 5.93 cr on February 27, 2026. The report has been reviewed by the Audit Committee with no adverse comments.

• Zero deviation or variation reported in the utilization of preferential issue proceeds for quarter ended September 30, 2026
• Tranche 1 raised Rs. 11,97,00,000 on January 14, 2026
• Tranche 2 raised Rs. 12,10,96,875 on February 11, 2026
• Tranche 3 raised Rs. 5,92,96,875 on February 27, 2026

Hi-Klass Trading and Investment Ltd has scheduled a Board of Directors meeting on Thursday, November 12, 2026, at 03:00 PM. The board will consider and approve the unaudited standalone financial results for the quarter and half-year ended September 30, 2026. The company noted that the insider trading window has been closed since October 1, 2026, and will reopen 48 hours after the declaration of results.

• Board meeting scheduled for November 12, 2026, at 03:00 PM via video conferencing
• Agenda to consider unaudited standalone financial results for Q2 and H1 ended September 30, 2026
• Limited Review Report to be taken on record during the meeting
• Insider trading window closed effective October 1, 2026, until 48 hours post result declaration

Hi-Klass Trading and Investment Ltd has submitted the Notice of its 33rd Annual General Meeting (AGM) scheduled for September 28, 2026, alongside its FY2025-26 Annual Report. Key agenda items include the appointment of M/s S Jaykishan, Chartered Accountants, as statutory auditors for a 5-year term (FY27 to FY31). Additionally, the company seeks shareholder approval to amend its Memorandum of Association (MoA) to expand into distressed asset acquisition, NPA servicing, and debt syndication. The cut-off date for remote e-voting is September 21, 2026.

• 33rd AGM scheduled for September 28, 2026 via Video Conferencing.
• Remote e-voting window opens September 25, 2026 (9:00 AM) and closes September 27, 2026 (5:00 PM).
• Shareholder voting cut-off date fixed as September 21, 2026.
• Proposed appointment of M/s S Jaykishan, Chartered Accountants, as statutory auditor for 5 years (FY27–FY31).
• Special resolution proposed to alter MoA object clause to enter distressed debt resolution, loan servicing, and debt syndication.

Hi-Klass Trading and Investment Ltd has approved the relocation of its registered office from Kandivali West to Ghatkopar West in Mumbai, effective September 15, 2026. The board also approved the Director's Report and Secretarial Audit Report for FY26. The company's 33rd Annual General Meeting is scheduled for September 28, 2026, via Video Conferencing, with book closure from September 22 to September 28, 2026.

• Registered office relocating to Ghatkopar West, Mumbai effective September 15, 2026
• 33rd Annual General Meeting scheduled for September 28, 2026 at 12:30 PM IST via VC/OAVM
• Book closure fixed from September 22, 2026 to September 28, 2026 with cut-off date on September 21, 2026
• Remote e-voting window open from September 25, 2026 (09:00 AM) to September 27, 2026 (05:00 PM)

Hi-Klass Trading and Investment Ltd held a board meeting on August 24, 2026, approving the Director's Report and Secretarial Audit Report for FY26. The 33rd Annual General Meeting (AGM) has been scheduled for September 28, 2026, via Video Conferencing. Book closure is set from September 22 to September 28, 2026, with remote e-voting taking place between September 25 and September 27, 2026. Additionally, the company approved shifting its registered office within Mumbai to Ghatkopar West effective September 15, 2026.

• 33rd Annual General Meeting scheduled for September 28, 2026, at 12:30 PM IST via VC/OAVM
• Share transfer books and register of members closed from September 22 to September 28, 2026
• Remote e-voting window open from September 25 (09:00 AM) to September 27, 2026 (05:00 PM) with cut-off date on September 21, 2026
• Registered office shifted from Kandivali West to Ghatkopar West, Mumbai, effective September 15, 2026

Hi-Klass Trading and Investment Ltd has reported zero deviation or variation in the utilization of funds raised through preferential issues for the quarter ended June 30, 2026. The company raised a total of approximately Rs 30.01 crore across three tranches in early 2026 (January and February). The Audit Committee has reviewed the utilization and provided a favorable remark, confirming that the proceeds from the convertible warrants are being used as per the original objects.

• Zero deviation reported in the utilization of proceeds for the quarter ended June 30, 2026
• Rs 11.97 crore raised via preferential issue on January 14, 2026
• Rs 12.11 crore raised via preferential issue on February 11, 2026
• Rs 5.93 crore raised via preferential issue on February 27, 2026
• Audit Committee issued favorable remarks regarding compliance with fund-raising regulations

Hi-Klass Trading and Investment Ltd has announced a change in its corporate office location within Kolkata. The Board of Directors approved the shift from Dr. U.N. Bramhachari Street to Sarat Bose Road during a meeting held on August 13, 2026. This is a purely administrative update with no direct impact on the company's financial operations or its TTM revenue of   5 Cr. The change is effective immediately as of the announcement date.

• Board meeting held on August 13, 2026, at 3:00 P.M. via video conferencing to approve the move.
• Corporate office shifted from Dr. U.N. Bramhachari Street, 3rd Floor, to Room No. 802, 8th Floor, Vasundhara Building, Kolkata.
• The relocation is effective from August 13, 2026.
• Company maintains a market capitalization of   762 Cr despite a TTM PAT of -  1 Cr.