Annual General Meeting Details

The 33rd Annual General Meeting will be held on Monday, September 28, 2026 at 12:30 PM IST through video conferencing/other audio visual means. The deemed venue is the Corporate Office at 2/7 Vasundhara Building Sarat Bose Road, 8th Floor, Room No. 802, Kolkata - 700020.

Voting Arrangements

The company has engaged CDSL for remote e-voting facilities. The remote e-voting period commences on Friday, September 25, 2026 (9:00 AM IST) and ends on Sunday, September 27, 2026 (5:00 PM IST). The cut-off date for determining voting rights is Monday, September 21, 2026.

Ordinary Business Items

Item 1: Adoption of Audited Financial Statements

Resolution to receive, consider and adopt the Audited Standalone Financial Statements for FY ended March 31, 2026, together with Reports of Board of Directors and Statutory Auditors.

Item 2: Appointment of Director Retiring by Rotation

Mr. Dipak Sundarka (DIN: 05297111) retires by rotation and offers himself for re-appointment. Resolution for his re-appointment as Director of the Company.

Item 3: Appointment of Statutory Auditor

Appointment of M/s. S Jaykishan, Chartered Accountants (FRN 309005E) as Statutory Auditors for five years from FY 2026-27 to FY 2030-31, replacing retiring auditors M/s. Biswas Dasgupta Datta & Roy. Remuneration to be mutually agreed between Board and auditors.

Special Business Items

Item 4: Alteration of Memorandum of Association

Special resolution to alter Clause III(A) (Main Objects) of Memorandum of Association to expand business activities to include:

  • Acquisition, purchase, investment in, and management of loan portfolios, receivables, debt obligations, distressed assets, NPAs, and other financial assets
  • Business of acquisition, servicing, management, monitoring, and resolution of distressed loan account portfolios
  • Portfolio servicing, collection management, and allied services for financial assets
  • Financial arrangement services including debt syndication, loan syndication, project finance assistance, and financial consultancy
  • Receipt of arrangement fees, advisory fees, servicing fees, and other lawful consideration

This expansion is subject to necessary approvals from Reserve Bank of India, Stock Exchanges, and other regulatory authorities.

Financial Impact Disclosure

The proposed auditor appointment involves a fee increase from ₹60,000 per annum (outgoing auditor) to ₹1,50,000 per annum (proposed auditor), representing a 150% increase. This is attributed to increased scope and volume of audit work, company's operational complexity, and professional time requirements.

Document Distribution

The Notice and Annual Report are being dispatched electronically only to members with registered email IDs. Physical copies available upon request. Documents are available on company website (www.hiklass.co.in) and stock exchange websites.

Record Date and Share Transfer

The Register of Members and Share Transfer Books will remain closed from Tuesday, September 22, 2026 to Monday, September 28, 2026 (both days inclusive).

Additional Compliance Information

The filing includes extensive instructions for shareholders regarding e-voting procedures, registration requirements, and participation in the virtual AGM. The company emphasizes compliance with SEBI Master Circulars and MCA guidelines regarding electronic communications and virtual meetings.

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