Announced Mon, 1 Sept · 19:32 IST

Find the enclosed document for the details of Change in composition of committee due to appointment and resignation.

Management Changes View source PDF

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AI summary

Hi-Klass Trading and Investment Ltd announced changes to its board committees effective September 1, 2025. Mr. Navin Kumar Jain (DIN: 08464298) was appointed as Additional Independent Director, while Mrs. Sonu Agarwal (DIN: 09065415) resigned from her position as Independent Director. Following these changes, the new director Mr. Navin Kumar Jain has been made Chairperson of all three key committees — Audit Committee, Stakeholders Relationship Committee, and Nomination & Remuneration Committee. The rest of the committee members remain unchanged. The Managing Director, Mr. Sanjay Kumar Jain, signed the disclosure.

Likely market impact

The reshuffle is a routine governance update with one independent director replacing another; there is no indication of any strategic, financial, or operational impact for shareholders. The stock is unlikely to react materially to this news as the company's overall board structure and leadership remain stable.