REVISED OUTCOME - This is in continuation of our earlier intimation dated 14-01-2026 w.r.t the allotment of 6384000 Equity Shares of Rs. 25/- each pursuant to Conversion of Fully Convertible ....
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Hi-Klass Trading and Investment Ltd has revised its earlier intimation regarding the allotment of 63,84,000 equity shares (face value Rs. 5 each at a premium of Rs. 20) issued upon conversion of fully convertible warrants, aggregating Rs. 11.97 crore. The revision was needed to correct clerical errors in the names of certain allottees; all other terms remain unchanged. After this allotment, the company's issued and paid-up capital rises from Rs. 7.11 crore (1.42 crore shares) to Rs. 10.30 crore (2.06 crore shares). Allottees include promoter entity Nico India Consultancy LLP and 15 non-promoter individuals and entities. Additionally, 1.29 crore convertible warrants remain outstanding and eligible for conversion within 18 months from December 16, 2025.
The revision is purely a clerical correction in allottee names with no change to the number of shares issued, price, or capital structure, so there is no material impact on shareholders. The promoter group's stake has risen notably through warrant conversion, increasing their ownership concentration.