The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on July 11, 2025 for NicoIndia Consultancy LLP
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
NicoIndia Consultancy LLP, a promoter of Hi-Klass Trading and Investment Ltd, has filed a revised disclosure under SEBI SAST Regulations to correct a typographical error in earlier reporting. The disclosure confirms that the promoter created a pledge on 11,37,172 equity shares (8% of total share capital) on May 20, 2025, in favour of Metro Commercial Company Limited as security for credit facilities. The promoter currently holds 24,86,720 shares representing 17.50% of the company. This is a fresh pledge, as no shares were previously encumbered.
The pledge creation is for business and operational needs, not a distress signal. With only 8% of the company's shares pledged against a 17.50% promoter holding, the overall encumbrance level remains modest. Shareholders should monitor for any future invocation or release of this pledge, which could affect promoter shareholding flexibility.