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Hi-Klass Trading and Investment Ltd (542332)

📊 BSE: 542332 🏢 Other Financial Services 📢 Latest filing: 31 Aug 2026

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Hi-Klass Trading's revenue was ₹10.4 Cr, and net profit ₹8.5 Cr (against a loss a year earlier); the operating margin was 98.6%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹10.4	—	—
Operating profit	₹10.3	from loss	from loss
Net profit	₹8.5	from loss	from loss
EPS (₹)	2.81	from loss	from loss
Operating margin	98.6%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Hi-Klass Trading Calls 33rd AGM on Sep 28, 2026; Proposes Expanding MoA into Distressed Debt

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 31 Aug 2026, 04:29 PM

Hi-Klass Trading and Investment Ltd has submitted the Notice of its 33rd Annual General Meeting (AGM) scheduled for September 28, 2026, alongside its FY2025-26 Annual Report. Key agenda items include the appointment of M/s S Jaykishan, Chartered Accountants, as statutory auditors for a 5-year term (FY27 to FY31). Additionally, the company seeks shareholder approval to amend its Memorandum of Association (MoA) to expand into distressed asset acquisition, NPA servicing, and debt syndication. The cut-off date for remote e-voting is September 21, 2026.

33rd AGM scheduled for September 28, 2026 via Video Conferencing.
Remote e-voting window opens September 25, 2026 (9:00 AM) and closes September 27, 2026 (5:00 PM).
Shareholder voting cut-off date fixed as September 21, 2026.
Proposed appointment of M/s S Jaykishan, Chartered Accountants, as statutory auditor for 5 years (FY27–FY31).
Special resolution proposed to alter MoA object clause to enter distressed debt resolution, loan servicing, and debt syndication.

💡 Track shareholder voting results post-September 28, 2026, and watch for subsequent regulatory approvals/filings regarding new business lines in stressed asset resolution.

Hi-Klass Trading to Hold 33rd AGM on Sep 28; Proposes Expanding MOA to Distressed Assets

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 31 Aug 2026, 04:20 PM

Hi-Klass Trading and Investment Ltd has issued the notice for its 33rd Annual General Meeting scheduled for September 28, 2026. Key agenda items include the adoption of FY26 financial statements, the appointment of M/s. S Jaykishan, Chartered Accountants, as statutory auditors for a 5-year term (FY27 to FY31), and a special resolution to alter its Memorandum of Association (MOA) Object Clause. The proposed MOA changes aim to expand activities into stressed asset acquisition, loan portfolio servicing, debt syndication, and financial arrangement services, subject to RBI and regulatory clearances.

33rd AGM scheduled for Monday, September 28, 2026 at 12:30 PM via Video Conferencing.
Cut-off date for remote e-voting set as September 21, 2026; voting window open from September 25 to September 27, 2026.
Proposed appointment of M/s. S Jaykishan as Statutory Auditors for a 5-year tenure from FY27 to FY31.
Special resolution proposed to alter Main Objects clause to enter loan portfolio servicing, distressed asset resolution, and debt syndication.

💡 Track voting outcomes post-AGM on September 28, 2026, and monitor subsequent regulatory approvals (e.g., RBI) required to operationalize the new financial service verticals.

Hi-Klass Trading Issues 33rd AGM Notice; Proposes MOA Expansion into Distressed Assets

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 31 Aug 2026, 04:13 PM

Hi-Klass Trading and Investment Limited has released its Annual Report for FY25-26 and scheduled its 33rd Annual General Meeting for September 28, 2026. Key agenda items include the appointment of M/s S Jaykishan, Chartered Accountants, as statutory auditors for a 5-year term from FY27 to FY31. The company has also proposed a special resolution to alter its Memorandum of Association (MOA) to expand into distressed asset management, NPA resolution, loan portfolio servicing, and debt syndication. As per the financial disclosures, the company's gross investment portfolio stood at ₹22.43 crore (₹2,242.58 lakhs) as of March 31, 2026, compared to ₹7.48 crore in FY25.

33rd AGM scheduled for September 28, 2026 via video conferencing, with cut-off date set to September 21, 2026
Special resolution proposed to alter MOA object clauses to include stressed asset resolution and loan syndication
M/s S Jaykishan proposed as statutory auditors for a 5-year period covering FY 2026-27 to FY 2030-31
Gross investments in India increased to ₹2,242.58 lakhs as of March 31, 2026, from ₹747.59 lakhs in FY25

💡 Track shareholder voting results following the AGM on September 28, 2026, and watch for necessary regulatory clearances (such as RBI approvals) regarding the expansion into distressed debt management.

Hi-Klass Trading to Shift Registered Office to Ghatkopar, Mumbai Effective Sep 15, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 24 Aug 2026, 05:49 PM

Hi-Klass Trading and Investment Ltd has approved the relocation of its registered office from Kandivali West to Ghatkopar West in Mumbai, effective September 15, 2026. The board also approved the Director's Report and Secretarial Audit Report for FY26. The company's 33rd Annual General Meeting is scheduled for September 28, 2026, via Video Conferencing, with book closure from September 22 to September 28, 2026.

Registered office relocating to Ghatkopar West, Mumbai effective September 15, 2026
33rd Annual General Meeting scheduled for September 28, 2026 at 12:30 PM IST via VC/OAVM
Book closure fixed from September 22, 2026 to September 28, 2026 with cut-off date on September 21, 2026
Remote e-voting window open from September 25, 2026 (09:00 AM) to September 27, 2026 (05:00 PM)

💡 Track the AGM voting outcomes and disclosures in the upcoming FY26 Annual Report, alongside performance continuation following Q1 FY27 results.

Hi-Klass Trading Schedules 33rd AGM for Sept 28, 2026, Shifts Registered Office

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 24 Aug 2026, 05:47 PM

Hi-Klass Trading and Investment Ltd held a board meeting on August 24, 2026, approving the Director's Report and Secretarial Audit Report for FY26. The 33rd Annual General Meeting (AGM) has been scheduled for September 28, 2026, via Video Conferencing. Book closure is set from September 22 to September 28, 2026, with remote e-voting taking place between September 25 and September 27, 2026. Additionally, the company approved shifting its registered office within Mumbai to Ghatkopar West effective September 15, 2026.

33rd Annual General Meeting scheduled for September 28, 2026, at 12:30 PM IST via VC/OAVM
Share transfer books and register of members closed from September 22 to September 28, 2026
Remote e-voting window open from September 25 (09:00 AM) to September 27, 2026 (05:00 PM) with cut-off date on September 21, 2026
Registered office shifted from Kandivali West to Ghatkopar West, Mumbai, effective September 15, 2026

💡 Eligible shareholders holding shares as of the September 21, 2026 cut-off date may participate in remote e-voting ahead of the AGM on September 28, 2026.

Hi-Klass Trading confirms zero deviation in utilization of Rs 30.01 Cr raised via warrants

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 13 Aug 2026, 04:07 PM

Hi-Klass Trading and Investment Ltd has reported zero deviation or variation in the utilization of funds raised through preferential issues for the quarter ended June 30, 2026. The company raised a total of approximately Rs 30.01 crore across three tranches in early 2026 (January and February). The Audit Committee has reviewed the utilization and provided a favorable remark, confirming that the proceeds from the convertible warrants are being used as per the original objects.

Zero deviation reported in the utilization of proceeds for the quarter ended June 30, 2026
Rs 11.97 crore raised via preferential issue on January 14, 2026
Rs 12.11 crore raised via preferential issue on February 11, 2026
Rs 5.93 crore raised via preferential issue on February 27, 2026
Audit Committee issued favorable remarks regarding compliance with fund-raising regulations

💡 Investors should monitor future financial statements to see how the deployment of this Rs 30.01 crore capital impacts the company's operating scale and bottom line.

Hi-Klass Trading Shifts Corporate Office Address in Kolkata Effective August 13, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 13 Aug 2026, 03:55 PM

Hi-Klass Trading and Investment Ltd has announced a change in its corporate office location within Kolkata. The Board of Directors approved the shift from Dr. U.N. Bramhachari Street to Sarat Bose Road during a meeting held on August 13, 2026. This is a purely administrative update with no direct impact on the company's financial operations or its TTM revenue of 5 Cr. The change is effective immediately as of the announcement date.

Board meeting held on August 13, 2026, at 3:00 P.M. via video conferencing to approve the move.
Corporate office shifted from Dr. U.N. Bramhachari Street, 3rd Floor, to Room No. 802, 8th Floor, Vasundhara Building, Kolkata.
The relocation is effective from August 13, 2026.
Company maintains a market capitalization of 762 Cr despite a TTM PAT of - 1 Cr.

💡 Investors should focus on the company's upcoming financial performance rather than this administrative change, given the high P/B ratio of 14.4 and negative TTM PAT.

Hi-Klass Trading to Enter Distressed Loan Business; Proposes Name Change and Appoints New CFO

🔵 WATCH ⭐ 7/10

BOARD_MEETING 📅 13 Aug 2026, 03:51 PM

Hi-Klass Trading and Investment Ltd has announced a strategic pivot into the acquisition and resolution of distressed retail loan portfolios through an agreement with Ringo Fincap Private Limited. To reflect this new direction, the board has proposed a name change to 'Nicoindia Finance & Investment Limited', subject to shareholder and regulatory approvals. The company also appointed Bhawana Jha as the new CFO following the resignation of Deepak Jhunjhunwala. These changes come as the company seeks to scale from a very small base, with TTM revenue currently at just Rs 5 Cr against a market capitalization of Rs 762 Cr.

Approved agreement with Ringo Fincap Private Limited to enter the distressed retail loan portfolio acquisition business
Proposed name change to Nicoindia Finance & Investment Limited or Nicoindia Finvest Services Limited
Appointed Bhawana Jha as CFO effective August 13, 2026, bringing 14 years of experience in finance and taxation
Revised Managing Director Sanjay Kumar Jain's remuneration to Rs 25,000 per month
Designated Akshat Khandelwal as President - Portfolio Management & Recovery to lead the new business vertical

💡 Investors should monitor the upcoming Annual General Meeting for shareholder approval regarding the Memorandum of Association (MOA) alteration and the name change, which are prerequisites for the new business vertical.

Hi-Klass Trading pivots to distressed loans, appoints new CFO, and proposes name change

🔵 WATCH ⭐ 7/10

MANAGEMENT 📅 13 Aug 2026, 03:46 PM

Hi-Klass Trading and Investment Ltd has announced a major strategic pivot into the distressed retail loan portfolio acquisition business through an agreement with Ringo Fincap Private Limited. Alongside this shift, the company appointed Mrs. Bhawana Jha as the new CFO effective August 13, 2026, following the resignation of Mr. Deepak Jhunjhunwala. To reflect its new focus, the board has proposed changing the company name to 'Nicoindia Finance & Investment Limited'. The Managing Director's remuneration has also been revised to a modest ₹25,000 per month.

Appointment of Mrs. Bhawana Jha as CFO effective August 13, 2026, bringing 14 years of experience in finance and NBFC accounting.
Strategic entry into the distressed retail loan acquisition vertical via a new agreement with Ringo Fincap Private Limited.
Proposed name change to 'Nicoindia Finance & Investment Limited' or 'Nicoindia Finvest Services Limited' pending regulatory and shareholder approval.
Revision of Managing Director Sanjay Kumar Jain's remuneration to ₹25,000 per month starting August 13, 2026.
Appointment of Akshat Khandelwal as President - Portfolio Management & Recovery to lead the new business operations.

💡 Investors should monitor the upcoming Annual General Meeting (AGM) for shareholder approval regarding the name change and the necessary alterations to the Memorandum of Association for the new business vertical.

Hi-Klass Trading to Enter Distressed Loan Business; Appoints New CFO and Proposes Name Change

🔵 WATCH ⭐ 7/10

MANAGEMENT 📅 13 Aug 2026, 03:44 PM

Hi-Klass Trading is undergoing a strategic pivot, entering the distressed retail loan portfolio acquisition business through an agreement with Ringo Fincap. To support this transition, the company has appointed Mrs. Bhawana Jha as the new CFO and created a new leadership role for portfolio recovery. The board also approved a name change to 'Nicoindia Finance & Investment Limited' and revised the Managing Director's remuneration to ₹25,000 per month. These changes occur against a backdrop of a ₹1 Cr TTM loss and a very small revenue base of ₹5 Cr.

Appointment of Mrs. Bhawana Jha as CFO effective August 13, 2026, bringing 14 years of experience.
Entry into a new business vertical for the acquisition and resolution of distressed retail loan portfolios via Ringo Fincap.
Proposed name change to Nicoindia Finance & Investment Limited, pending regulatory and shareholder approval.
Revision of Managing Director Sanjay Kumar Jain's remuneration to ₹25,000 per month effective August 13, 2026.
Designation of Mr. Akshat Khandelwal as President - Portfolio Management & Recovery to lead the new vertical.

💡 Monitor the upcoming Annual General Meeting for shareholder approval regarding the Memorandum of Association (MoA) amendment and the name change. Investors should track the execution of the distressed loan agreement as the company attempts to scale its current ₹5 Cr revenue base.

Hi-Klass Trading to Enter Distressed Loan Business; Appoints New CFO and Proposes Name Change

🟢 POSITIVE ⭐ 8/10

EXPANSION 📅 13 Aug 2026, 03:41 PM

Hi-Klass Trading and Investment Ltd has announced a strategic pivot into the distressed retail loan portfolio acquisition and resolution business via an agreement with Ringo Fincap Private Limited. To reflect this new direction, the board proposed changing the company name to 'Nicoindia Finance & Investment Limited'. Management changes include the resignation of CFO Deepak Jhunjhunwala and the appointment of Bhawana Jha, who brings 14 years of experience. Additionally, the Managing Director's remuneration has been revised to ₹25,000 per month, and a new President for Portfolio Management & Recovery has been appointed.

Approved entry into distressed retail loan portfolio acquisition business via agreement with Ringo Fincap
Proposed name change to Nicoindia Finance & Investment Limited, subject to shareholder and regulatory approval
Appointed Bhawana Jha as CFO, effective August 13, 2026, replacing Deepak Jhunjhunwala
Revised Managing Director Sanjay Kumar Jain's remuneration to ₹25,000 per month
Appointed Akshat Khandelwal as President - Portfolio Management & Recovery to lead the new vertical

💡 Monitor the upcoming Annual General Meeting (AGM) for shareholder approval regarding the Memorandum of Association (MoA) changes, which are required to operationalize the new business vertical. Investors should track the execution of the distressed loan portfolio strategy given the company's current low TTM revenue of ₹5 Cr.

Hi-Klass Trading to enter distressed loan business; proposes name change and 400% MD salary hike

🔵 WATCH ⭐ 7/10

BOARD_MEETING 📅 07 Aug 2026, 05:37 PM

Hi-Klass Trading and Investment Ltd has scheduled a board meeting on August 13, 2026, to approve Q1 FY27 results and a major strategic pivot into the distressed retail loan portfolio acquisition business. The company plans to execute an agreement with Ringo Fincap Private Limited for this new vertical, subject to shareholder approval. Additionally, the board will consider a name change to 'Nicoindia Finance & Investment Limited' (or similar) and a revision of the Managing Director's salary from ₹5,000 to ₹25,000 per month. A management transition is also underway with Mrs. Bhawana Jha proposed as the new CFO.

Proposed entry into a new business vertical for acquisition and resolution of distressed retail loan portfolios
Revision of Managing Director Sanjay Kumar Jain's remuneration from ₹5,000 to ₹25,000 per month effective August 13, 2026
Proposed name change to either 'Nicoindia Finance & Investment Limited' or 'Nicoindia Finvest Services Limited'
Appointment of Mrs. Bhawana Jha as CFO, replacing Mr. Deepak Jhunjhunwala
Board meeting scheduled for August 13, 2026, to approve unaudited standalone results for the quarter ended June 30, 2026

💡 Investors should watch for the Q1 FY27 financial results on August 13 and seek further details on the partnership with Ringo Fincap, as this pivot is critical for a company with only ₹5 Cr in TTM revenue.

6.62% Equity Shares Un-pledged by Promoter Nico India Consultancy LLP

🟢 POSITIVE ⭐ 5/10

REGULATORY 📅 15 Jul 2026, 03:13 PM

Promoter entity Nico India Consultancy LLP has released a pledge on 20,00,000 equity shares of Hi-Klass Trading and Investment Ltd, representing 6.62% of the total share capital. The release occurred on July 14, 2026, from Metro Commercial Company Limited following the settlement of credit facilities. The promoter currently holds a total of 68,66,720 shares, which constitutes 22.72% of the company's equity. This reduction in encumbrance is a positive signal regarding the promoter's financial position.

A total of 20,00,000 shares (split as 11,37,172 and 8,62,828) were un-pledged on July 14, 2026.
The un-pledged shares represent 6.62% of the company's total equity capital.
Promoter Nico India Consultancy LLP maintains a total holding of 68,66,720 shares (22.72%).
The pledge was released by Metro Commercial Company Limited in connection with credit facilities.

💡 Investors should monitor the promoter's remaining shareholding and check for any future encumbrances that might indicate liquidity pressure at the promoter level.

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