Hi-Klass Trading and Investment Limited has announced a significant change in its leadership, appointing Mr. Tanish Sharma as the new Chief Executive Officer (CEO), effective July 24, 2025. The appointment of the 23-year-old executive marks a bold move for the company, potentially signaling a shift towards a more youthful and dynamic leadership approach.

Board Approval and Appointment Process

The Board of Directors of Hi-Klass Trading and Investment Limited approved Sharma's appointment following a recommendation from the Nomination and Remuneration Committee. The decision was made during a board meeting held on July 24, 2025.

Tanish Sharma's Profile

Despite his young age, Mr. Sharma brings a unique set of skills to his new role:

• Age and Experience: At 23 years old, Tanish Sharma has experience in organizational administration and strategy formulation.
• Expertise: He possesses multi-faceted experience in strategy formulation and implementation, setting up projects, planning, and execution.
• Potential Impact: His background is expected to be beneficial for both organic and inorganic growth of the business.

Shareholding and Relationships

As per the company's disclosure:

• Mr. Sharma holds no shares in Hi-Klass Trading and Investment Limited at the time of his appointment.
• There is no disclosed relationship between Mr. Sharma and the company's directors.

Regulatory Compliance

The appointment has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Looking Ahead

The appointment of such a young CEO is uncommon in the corporate world and may represent a strategic move by Hi-Klass Trading and Investment Limited to bring fresh perspectives and innovative approaches to its operations. Stakeholders will likely be watching closely to see how Mr. Sharma's leadership will shape the company's future strategies and performance in the trading and investment sector.

Hi-Klass Trading and Investment Limited has announced a crucial board meeting scheduled for July 24, 2025, at 01:00 PM. The meeting, to be held at the company's Corporate Office in Kolkata, will primarily focus on the potential appointment of Mr. Tanish Sharma as the new Chief Executive Officer (CEO).

Key Agenda Items

1. CEO Appointment: The board will consider appointing Mr. Tanish Sharma as the Chief Executive Officer of Hi-Klass Trading and Investment Limited.
2. Terms and Conditions: The meeting will also determine the terms and conditions of Mr. Sharma's appointment if approved.
3. Additional Matters: The board will address any other matters with permission, as per standard procedure.

Meeting Details

The company, headquartered in Mumbai, made this announcement through an official intimation to the BSE Limited on July 21, 2025. Sanjay Kumar Jain, the Managing Director of Hi-Klass Trading and Investment Limited, signed the intimation.

This board meeting marks a potentially significant development for the company as it considers new leadership. Shareholders and market observers will be keenly watching for the outcome of this meeting and any subsequent announcements regarding the company's executive team.

Investors and stakeholders are advised to monitor official company communications for updates following the board meeting.