Hi-Klass Trading and Investment Limited has received a disclosure from its promoter Nico India Consultancy LLP regarding the creation of a pledge on equity shares. The disclosure was filed under Regulation 31 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, on March 31, 2026.

Pledge Transaction Details

The promoter pledged 862828 equity shares on March 30, 2026, representing 2.86% of the company's total share capital. The shares were pledged in favor of Metro Commercial Company Limited as security for credit facilities availed for business and operational needs.

Promoter Shareholding Position

Nico India Consultancy LLP holds a significant stake in Hi-Klass Trading and Investment Limited. The promoter's current shareholding and encumbrance details reveal the extent of their commitment to the company.

Regulatory Compliance

The disclosure was submitted to BSE Limited, where Hi-Klass Trading and Investment Limited shares are listed. Suman Jain, Designated Partner of Nico India Consultancy LLP, digitally signed the disclosure documents on March 31, 2026. The filing ensures compliance with SEBI regulations requiring promoters to disclose any encumbrance of shares to stock exchanges and the target company.

The pledge creation reflects the promoter's financing arrangements while maintaining transparency with regulatory authorities and shareholders through proper disclosure mechanisms.

Hi-Klass Trading and Investment Limited announced the successful completion of its independent directors meeting for Financial Year 2025-26, held on March 27, 2026. The meeting was conducted virtually through video conferencing in compliance with regulatory requirements under SEBI LODR Regulations 2015 and the Companies Act 2013.

Meeting Details and Compliance

The independent directors meeting was held pursuant to Regulation 25(3) of the Securities and Exchange Board of India (LODR) Regulations, 2015, read with Schedule IV of the Companies Act, 2013. The virtual session commenced at 11:30 AM and concluded at 12:00 PM on Friday, March 27, 2026.

Key Business Items Reviewed

The independent directors conducted a comprehensive review covering three critical areas of corporate governance:

• Board Performance Evaluation: Reviewed the performance of non-independent directors and the board of directors as a whole
• Chairperson Assessment: Evaluated the performance of the chairperson, incorporating feedback from both executive and non-executive directors
• Information Flow Analysis: Assessed the quality, quantity, and timeliness of information flow between company management and the board of directors

Governance and Information Management

The meeting focused on ensuring that the board of directors receives adequate and timely information from management to perform their duties effectively. This assessment is crucial for maintaining high standards of corporate governance and ensuring that directors can make informed decisions in the best interests of stakeholders.

Company Information

Hi-Klass Trading and Investment Limited is registered with CIN L51900MH1992PLC066262 and trades under scrip code 542332 on BSE Limited. The company's registered office is located at 02, Shanti Kutir Building, Shivaji Road, Off M G Road, Kandivali West, Mumbai - 400067. The meeting outcome was formally communicated to BSE Limited's Department of Corporate Services as part of the company's disclosure obligations.