Hi-Klass Trading and Investment Limited has announced that its first board meeting for the financial year 2026-27 is scheduled to be held on Friday, May 29, 2026. The meeting will commence at 03:00 P.M. through video conferencing, deemed to be convened at the company's corporate office in Kolkata. The primary agenda includes the consideration and approval of the audited standalone financial results for the quarter and financial year ended March 31, 2026, along with the audit report.

Agenda for the Meeting

The board will deliberate on several key matters apart from the financial results. The directors are set to consider the appointment of M/s. Anjali Jain & Associates, Chartered Accountants, as the Internal Auditor of the company for the financial year 2026-27. Furthermore, the meeting will discuss the appointment of M/s. S. Jaykishan Chartered Accountants as the Statutory Auditor for a period of five consecutive years, subject to shareholder approval. This tenure is proposed to run from the conclusion of the 32nd Annual General Meeting until the 37th Annual General Meeting.

Policy Reviews

In addition to auditor appointments, the board will review and approve the revised Risk Management Policy and the revised Nomination and Remuneration Policy. Any other matter with the permission of the Chair may also be taken up during the proceedings.

Trading Window Closure

In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the company has informed that the trading window for dealing in its securities will remain closed. This closure will continue until 48 hours after the declaration of the audited financial results for the quarter and financial year ended March 31, 2026.

Hi-klass trading and investment Limited has filed its annual disclosure with BSE Limited, confirming its non-applicability as a Large Corporate under the SEBI operational circular for the financial year 2025-26. The Mumbai-based company submitted the mandatory compliance report on April 10, 2026, addressing the requirements specified under Chapter XII of SEBI's circular dated August 10, 2021.

Regulatory Compliance Framework

The disclosure pertains to SEBI's operational circular SEBI/HO/DDHS/P/CIR/2021/613 regarding issue and listing of Non-Convertible Securities, Securitised Debt Instruments, Security Receipts, Municipal Debt Securities and Commercial Paper. Under this framework, companies meeting specific criteria are classified as Large Corporates and must fulfill certain borrowing requirements through debt securities.

Financial Position and Borrowing Details

The company's annual disclosure reveals its financial position for the current reporting period:

Company Profile

Hi-Klass Trading and Investment Limited operates from its registered office at Shanti Kutir Building, Kandivali West, Mumbai. The company holds CIN L51900MH1992PLC066262 and trades on BSE under scrip code 542332. Managing Director Sanjay Kumar Jain signed the disclosure document, confirming the company's compliance status.

Penalty Assessment

The disclosure indicates that no penalties are applicable for the previous block period, as the regulatory framework does not apply to the company. The penalty calculation mechanism, which typically involves 0.20% of any shortfall in mandatory debt securities borrowing, remains non-applicable given the company's classification status.

Regulatory Significance

This annual disclosure fulfills the company's obligation under the revised SEBI framework, as amended by circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/049 dated March 31, 2023. The confirmation of non-Large Corporate status indicates that Hi-Klass Trading and Investment Limited does not meet the threshold criteria for mandatory debt securities issuance requirements, allowing it to maintain flexibility in its funding strategies.