News Corporate Actions Krishna Kabra (HUF) Discloses Acquisition of 7.5 Lakh Shares in Hi-Klass TradingKrishna Kabra (HUF) Discloses Acquisition of 7.5 Lakh Shares in Hi-Klass Trading
Krishna Kabra (HUF) disclosed acquisition of 7,50,000 equity shares in Hi-Klass Trading and Investment Limited through conversion of fully convertible warrants on February 11, 2026. The transaction was completed under SEBI regulations with the entity maintaining substantial shareholding alongside PAC members.
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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.
| Transaction Parameter: | Details |
|---|---|
| Shares Acquired: | 7,50,000 equity shares |
| Mode of Acquisition: | Conversion of warrants |
| Date of Acquisition: | February 11, 2026 |
| Acquirer Status: | Non-promoter entity |
| Stock Exchange: | Bombay Stock Exchange (BSE) |
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:
| Holding Type: | Number of Shares | % of Total Capital | % of Diluted Capital |
|---|---|---|---|
| Equity Shares: | 38,50,000 | 18.69% | 11.49% |
| Warrants: | 37,50,000 | 18.20% | 11.19% |
After Acquisition:
| Holding Type: | Number of Shares | % of Total Capital | % of Diluted Capital |
|---|---|---|---|
| Equity Shares: | 38,50,000 | 14.23% | 11.48% |
| Warrants: | 30,00,000 | 11.08% | 8.95% |
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.
| 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 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.
Historical Stock Returns for Hi-Klass Trading and Investment
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | -100.00% | -100.00% | -100.00% | -100.00% |
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