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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hi-Klass Trading and Investment Ltd has filed a confirmation that there are no deviations or variations in the utilization of proceeds from three Preferential Issues of Convertible Warrants raised in Q1 FY26. The company raised Rs. 11.97 crore on January 14, Rs. 12.11 crore on February 11, and Rs. 5.93 crore on February 27, 2026, totaling approximately Rs. 30.01 crore. The funds were deployed across four stated objects: Loan Repayment (Rs. 5.21 crore utilized), Fresh Loan Disbursement (Rs. 12.56 crore), Investment in Share and Securities (Rs. 12.31 crore), and General Corporate Purpose (Rs. 20 lakh). The Audit Committee reviewed and confirmed compliance with regulatory requirements, with no comments from auditors.
Positive for shareholders as the company has transparently confirmed that funds raised have been deployed as intended without any deviation, meeting SEBI compliance requirements.