Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of M/s. Hi-Klass Trading and ....
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The Board of Directors of Hi-Klass Trading and Investment Limited met on August 7, 2025, and took three key decisions. First, the Board decided NOT to accept the resignation of CEO Mr. Tanish Sharma (tendered on August 2, 2025) and requested him to continue in his role, citing ongoing strategic considerations. Mr. Sharma agreed to continue as CEO. Second, the Board approved the opening of a new branch office in Kolkata at Vasundhara Building, 2/7 Sarat Bose Road, 8th Floor, Room No. 802, with immediate effect. Third, other routine business items were approved with the Chair's permission. The meeting lasted 30 minutes, from 4:00 PM to 4:30 PM.
Shareholders can expect leadership continuity at the top, with the CEO staying on despite submitting his resignation, which signals stability during a strategic phase. The new Kolkata branch indicates a push into the eastern market, which could expand the company's footprint, though the overall impact on stock price is likely neutral given the small scale of these decisions.