NICO INDIA CONSULTANCY LLP Discloses Substantial Acquisition of 15 Lakh Shares in Hi-klass Trading and Investment Limited

2 min read     Updated on 14 Feb 2026, 11:25 AM
scanx
Reviewed by
Radhika SScanX News Team
Overview

NICO INDIA CONSULTANCY LLP disclosed acquisition of 15,00,000 equity shares in Hi-klass Trading and Investment Limited through warrant conversion at Rs. 25 per share on February 11, 2026. The promoter's equity shareholding increased to 21.83% while warrant holdings decreased to 4.63%, with the company's total equity capital rising to 2,70,54,900 shares.

32594152

*this image is generated using AI for illustrative purposes only.

NICO INDIA CONSULTANCY LLP has disclosed a substantial acquisition in hi-klass trading and investment Limited under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The promoter entity acquired 15,00,000 equity shares through warrant conversion, marking a significant transaction in the company's shareholding structure.

Transaction Details

The acquisition involved conversion of warrants into equity shares at an offer price of Rs. 25 per share. The transaction was completed on February 11, 2026, through allotment of equity shares pursuant to conversion of convertible warrants of Rs. 5 each on a preferential allotment basis.

Transaction Parameter: Details
Shares Acquired: 15,00,000 equity shares
Mode of Acquisition: Conversion of warrants
Offer Price: Rs. 25 per share
Date of Acquisition: February 11, 2026
Warrant Face Value: Rs. 5 each

Shareholding Pattern Changes

The acquisition resulted in significant changes to NICO INDIA CONSULTANCY LLP's shareholding pattern in Hi-klass Trading and Investment Limited. The company's equity shareholding increased while warrant holdings decreased correspondingly.

Before Acquisition:

Holding Type: Number of Shares % of Total Capital % of Diluted Capital
Equity Shares: 44,06,720 21.40% 13.15%
Warrants: 27,55,000 13.76% 8.22%

After Acquisition:

Holding Type: Number of Shares % of Total Capital % of Diluted Capital
Equity Shares: 59,06,720 21.83% 17.63%
Warrants: 12,55,000 4.63% 3.75%

Company Capital Structure

The transaction also impacted Hi-klass Trading and Investment Limited's overall capital structure. The conversion of warrants into equity shares increased the company's issued share capital.

Capital Structure: Share Count
Equity Capital Before Acquisition: 2,05,96,400 shares of Rs. 5 each
Equity Capital After Acquisition: 2,70,54,900 shares of Rs. 5 each
Total Diluted Capital: 3,35,12,400 shares of Rs. 5 each

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. NICO INDIA CONSULTANCY LLP, identified as a promoter entity, submitted the required format to BSE Limited and the target company. The disclosure was signed by Suman Jain, Designated Partner of NICO INDIA CONSULTANCY LLP, and dated February 13, 2026. Hi-klass Trading and Investment Limited's shares are listed on BSE Limited.

Historical Stock Returns for Hi-Klass Trading and Investment

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+21.46%+47.46%+228.65%+459.32%+1,109.21%
Hi-Klass Trading and Investment
View Company Insights
View All News
like17
dislike

Richway Financial Services Converts Warrants to Acquire Additional Stake in Hi-Klass Trading

2 min read     Updated on 14 Feb 2026, 11:25 AM
scanx
Reviewed by
Riya DScanX News Team
Overview

Richway Financial Services Private Limited acquired 6,48,000 shares in Hi-Klass Trading and Investment Limited through warrant conversion on February 11, 2026. The transaction increased Richway's holding from 10,02,000 shares (4.86%) to 16,50,000 shares (4.46% of total capital, 4.92% diluted). The acquisition was disclosed under SEBI regulations, with Hi-Klass Trading's share capital expanding from 2,05,96,400 to 2,70,54,900 equity shares of Re. 5/- each.

32594121

*this image is generated using AI for illustrative purposes only.

Hi-Klass Trading and Investment Limited has received a disclosure from Richway Financial Services Private Limited regarding the substantial acquisition of shares under SEBI regulations. The transaction involves the conversion of warrants into equity shares, marking a significant corporate development for the Mumbai-based financial services company.

Transaction Details

Richway Financial Services acquired 6,48,000 equity shares of Hi-Klass Trading and Investment Limited on February 11, 2026. The acquisition was executed through the conversion of warrants into equity shares, as disclosed in the regulatory filing submitted to BSE Limited on February 13, 2026.

Transaction Parameter: Details
Shares Acquired: 6,48,000
Mode of Acquisition: Conversion of Warrants
Date of Acquisition: February 11, 2026
Percentage of Total Capital: 2.40%
Percentage of Diluted Capital: 1.93%

Shareholding Pattern Changes

The acquisition has resulted in changes to Richway Financial Services' shareholding pattern in Hi-Klass Trading. Prior to this transaction, the company held 10,02,000 shares representing 4.86% of the total share capital and 2.99% of the diluted share capital.

Shareholding Position: Before Acquisition After Acquisition
Number of Shares: 10,02,000 16,50,000
Percentage of Total Capital: 4.86% 4.46%
Percentage of Diluted Capital: 2.99% 4.92%

Capital Structure Impact

The conversion of warrants has also affected Hi-Klass Trading's overall capital structure. The company's equity share capital increased from 2,05,96,400 equity shares to 2,70,54,900 equity shares, each with a face value of Re. 5/-.

Capital Structure: Amount
Share Capital Before Acquisition: 2,05,96,400 shares of Re. 5/- each
Share Capital After Acquisition: 2,70,54,900 shares of Re. 5/- each
Total Diluted Share Capital: 3,35,12,400 shares of Re. 5/- each

Regulatory Compliance

The disclosure was made by Astha Joshi, Director of Richway Financial Services Private Limited (DIN: 09396476), in compliance with Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that Richway Financial Services does not belong to the promoter or promoter group of Hi-Klass Trading and Investment Limited.

Richway Financial Services Private Limited is incorporated under CIN U74900MH2011PTC221996 and is based in Mumbai, Maharashtra. Hi-Klass Trading and Investment Limited's shares are listed on BSE Limited, with its corporate office located in Kolkata, West Bengal.

Historical Stock Returns for Hi-Klass Trading and Investment

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+21.46%+47.46%+228.65%+459.32%+1,109.21%
Hi-Klass Trading and Investment
View Company Insights
View All News
like20
dislike

More News on Hi-Klass Trading and Investment

1 Year Returns:+459.32%