Hi-Klass Trading and Investment Ltd

Change in registered office address

• Previous registered office: 02, Shanti Kutir Building, Shivaji Road, Off M G Road, Kandivali West, Mumbai 400067
• New registered office: No. 325, 3rd Floor, Bhaveshwar Arcade, Opp Vijay Sales, LBS Marg, Ghatkopar West, Mumbai 400086
• Effective date: September 15, 2026
• Board approved the change of registered office.
• Jurisdiction: within Mumbai, Maharashtra

Purpose and deviation status

• No deviation or variation in use of funds raised via preferential issue as of 30-06-2026.

Fund raising details

• Mode: Preferential Issues.
• Funds raised on 14-01-2026: Rs 11.97 crore.
• Funds raised on 11-02-2026: Rs 12.11 crore.
• Funds raised on 27-02-2026: Rs 5.93 crore.
• Quarter end report: 30-06-2026.
• Monitoring agency: Not applicable.

Deviation/variation status — auditors & committee

• No deviation/variation in use of funds; NIL for all objects.
• Audit Committee: favourable remark after review.
• Auditors: No comments.

Utilisation vs allocations

• Original allocation: Rs 48.25 crore; Funds utilised: Rs 42.16 crore.
• No deviations reported; NIL deviation for the objects.

Status of fund utilisation

• Utilisation status: Partly utilised.

Corporate Office Address Change

• Corporate Office relocated to Room No. 802, 8th Floor, Vasundhara Building, Sarat Bose Road, Kolkata - 700Q20.
• Board approved the corporate office shift effective August 13, 2026.

Financials

• Approved unaudited Q1 FY27 results for quarter ended June 30, 2026, with limited review.

CFO changes

• CFO Deepak Jhunjhunwala resigns, effective Aug 13, 2026.
• Mrs. Bhawana Jha appointed CFO & KMP, effective Aug 13, 2026.

Governance changes

• Risk Management Committee reconstituted with Dipak Sundarka (Chairman), Bhawana Jha, Navin Kumar Jain, Sanskkrity Jain as members.
• KMP for materiality determinations updated: MD, CFO, CS.

Portfolio management leadership

• Akshat Khandelwal designated President - Portfolio Management & Recovery; authorised officer.

Corporate office

• Corporate Office shifted from Kolkata to new address; effective Aug 13, 2026.

Strategic & acquisitions

• Approved agreement with Ringo Fincap for distressed loan portfolios; MOA alteration and shareholder approval required.

Remuneration

• MD remuneration revised to ₹25,000 per month; effective Aug 13, 2026.

Name change proposal

• Name change proposal to Nicoindia Finance & Investment Limited or Nicoindia Finvest Services Limited; subject to approvals.

CFO resignation and new appointment

• Name of resigning CFO: Mr. Deepak Jhunjhunwala.
• Effective date of resignation: August 13, 2026.
• Reason for resignation: pre-occupation in other assignments and personal reasons.
• No other material reasons beyond those stated in resignation letter.
• Board took note of resignation and recorded it.
• Bhawana Jha appointed as CFO effective August 13, 2026.

Meeting Details

• Aug 13, 2026 at 03:00 PM, via video conferencing; deemed convened at Kolkata corporate office.

Key Agenda Items

• Consider standalone unaudited financial results for quarter ended June 30, 2026.
• Resignation of CFO Deepak Jhunjhunwala; appointment of a new KMP as approved.
• Reconstitution of Risk Management Committee effective Aug 13, 2026.
• Shift corporate office to Vasundhara Building, Sarat Bose Road, Kolkata.
• Execution of agreement with Ringo Fincap Private Limited for distressed portfolios; MOA alteration required.
• Designation of Akshat Khandelwal as President - Portfolio Management & Recovery; authorized officer.
• Remuneration revision for MD Sanjay Kumar Jain from Rs 5,000 to Rs 25,000 monthly.
• Name change proposal to Nicoindia Finance & Investment Limited or Nicoindia Finvest Services Limited; require approvals.

Other Notes

• Trading window for insiders closed until 48 hours after the unaudited results declaration.

Encumbrance Release

• Release of pledge over 2,000,000 Hi-Klass shares by Nico India Consultancy LLP.
• Encumbrance was in favour of Metro Commercial Company Limited for credit facilities.
• Before release: 2,000,000 shares encumbered, 6.62% of total share capital.
• After release: encumbrance removed; 0 shares encumbered.
• Promoter holding: 6,866,720 shares (22.72%).
• Date of release: 14 July 2026.

Dematerialisation status

• Dematerialisation requests during the quarter were processed and confirmed to depositories (accepted or rejected).
• Securities dematerialised have been listed on the stock exchanges where originally listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification.
• The depository's name has been substituted as registered owner within the prescribed timeline.