Hi-Klass Trading and Investment Limited has filed mandatory disclosures under SEBI (Prohibition of Insider Trading) Regulations, 2015, following the allotment of 9,60,000 equity shares to its promoter entity through warrant conversion. The company completed the allotment process on February 27, 2026, with the SEBI disclosure filed on March 2, 2026.

SEBI Insider Trading Disclosure

The company submitted Form C disclosure under Regulation 7(2)(b) of SEBI (Prohibition of Insider Trading) Regulations, 2015, to BSE Limited. The filing confirms the allotment of 9,60,000 equity shares to Nico India Consultancy LLP, the promoter entity, pursuant to conversion of convertible warrants at Rs. 25 per share.

Promoter Shareholding Changes

The warrant conversion has resulted in an increase in Nico India Consultancy LLP's shareholding from 21.83% to 22.72%. The promoter's total equity holding increased from 59,06,720 shares to 68,66,720 shares, while their convertible warrant holding decreased from 12,55,000 to 2,95,000 warrants.

Comprehensive Warrant Conversion Program

The recent disclosure represents part of a larger warrant conversion program involving 31,62,500 equity shares across multiple allottees. The Securities Allotment Committee approved the broader conversion program, generating total proceeds of Rs. 5,92,96,875 from warrant holders across promoter and non-promoter categories.

Capital Structure Enhancement

The warrant conversion program has strengthened the company's capital base, expanding total shares from 2,70,54,900 to 3,02,17,400. The paid-up capital increased from Rs. 13,52,74,500 to Rs. 15,10,87,000, representing a significant enhancement in the company's equity foundation.

Krishna Kabra (HUF) has disclosed the acquisition of 7,50,000 equity shares in Hi-Klass Trading and Investment Limited under Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition was completed through conversion of fully convertible equity share warrants on February 11, 2026.

Transaction Details

The acquisition involved conversion of warrants into equity shares through allotment on a preferential basis. Krishna Kabra, acting as Karta of Krishna Kabra (HUF) with PAN AIQPK1490E, signed the disclosure dated February 13, 2026.

Shareholding Pattern Changes

The acquisition resulted in Krishna Kabra (HUF) along with PAC maintaining a significant shareholding position in Hi-Klass Trading and Investment Limited. The transaction involved conversion of 7,50,000 warrants into equity shares.

Before Acquisition:

After Acquisition:

Company Capital Structure Impact

The warrant conversion contributed to changes in Hi-Klass Trading and Investment Limited's capital structure. The company's equity share capital increased following the allotment of shares pursuant to warrant conversion.

Regulatory Compliance

The disclosure was submitted to BSE Limited and Hi-Klass Trading and Investment Limited in compliance with SEBI regulations. Krishna Kabra (HUF) is headquartered at 505 Satyanarayan Bhavan, RG Thadani Marg, Worli Sea Face, Mumbai. The entity confirmed its non-promoter status in the target company through this regulatory filing.