Revised outcome
Price
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Awaiting price reaction for this filing.
Hi-Klass Trading and Investment Ltd has filed a revised outcome of its January 14, 2026 board meeting, correcting a clerical error in the post-allotment shareholding table. The company has allotted 63,84,000 equity shares of Rs. 5 face value upon conversion of fully convertible warrants at Rs. 25 per share (Rs. 20 premium). The company received Rs. 18.75 per warrant (75% of issue price), aggregating Rs. 11.97 crore from promoter and non-promoter allottees. As a result, the issued and paid-up capital has increased from Rs. 7.11 crore to Rs. 10.30 crore. Additionally, 1,29,16,000 convertible warrants remain outstanding, eligible for conversion within 18 months from December 16, 2025.
The warrant conversion increases the share count and dilutes existing shareholders proportionally, though the promoter group (Nico India Consultancy LLP) sees its stake rise to 21.40%. No immediate price impact is expected as this is a procedural correction of a previously disclosed event, but the remaining 1.29 crore outstanding warrants represent future dilution potential.