Please find the enclose document related to meeting held today.
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Hi-Klass Trading and Investment Ltd announced unaudited financial results for Q1 FY26 (quarter ended June 30, 2025), reporting total income of ₹16.97 lakhs and a net loss of ₹26.00 lakhs, against a profit of ₹7.33 lakhs in the same quarter last year. Total expenses stood at ₹43.52 lakhs, with finance costs of ₹9.56 lakhs and other expenses of ₹31.83 lakhs being the main drags. The statutory auditor issued an unmodified limited review opinion with no qualifications. On the governance side, Mr. Dipak Sundarka was appointed as an Additional Non-Executive Director, while Independent Director Mrs. Diksha Chainwala Surana resigned citing pre-occupation with other professional assignments. The Board also appointed M/s D.S Associates as Internal Auditor, approved GST registration in West Bengal, registered with ICSI for management trainees, and signed up with NESL as an Information Utility. Board committees were reconstituted accordingly.
The year-over-year swing from profit to loss and a 38% drop in operating revenue highlight continued weakness in the company's investment-focused business, though the loss narrowed from Q4 FY25. Director turnover and a new internal auditor appointment signal governance reshuffling that shareholders should monitor for continuity.