HI-KLASS TRADING AND INVESTMENT LIMITED

Nature of Disclosure: Intimation of Board Meeting scheduled for August 13, 2026 to consider and approve multiple agenda items including quarterly results, management changes, and business expansion.

Board Meeting Details

  • Meeting Date: Thursday, August 13, 2026
  • Time: 03:00 PM
  • Mode: Video conferencing
  • Deemed Location: Corporate office at 8/1/2 Dr U.N Bramhachari Street, 3rd Floor, Kolkata - 700017

Agenda Items

1. Standalone Unaudited Financial Results

  • To consider and approve standalone unaudited financial results for the quarter ended June 30, 2026
  • Trading window for designated persons closed since July 1, 2026 and will remain closed until 48 hours after results declaration

2. Chief Financial Officer Changes

  • Resignation of Mr. Deepak Jhunjhunwala (PAN: AEMPJ7973F) from CFO position
  • Appointment of Mrs. Bhawana Jha (PAN: ANCPJ4035H) as new CFO and Key Managerial Personnel
  • Effective date: August 13, 2026 (subject to Board approval)

Reconstituted Risk Management Committee (effective August 13, 2026):

  • Mr. Dipak Sundarka - Chairman
  • Mrs. Bhawana Jha - Member
  • Mr. Navin Kumar Jain - Member
  • Ms. Sanskrity Jain - Member

3. Corporate Office Relocation

  • From: 8/1/2, Dr. U.N. Bramhachari Street, 3rd Floor, Kolkata - 700017, West Bengal
  • To: Room No. 802, 8th Floor, Vasundhara Building, Sarat Bose Road, Kolkata - 700020, West Bengal

4. New Business Agreement

  • Execution of agreement with Ringo Fincap Private Limited
  • Purpose: Acquisition and resolution of distressed retail loan portfolios
  • Agreement effective only upon alteration of Memorandum of Association
  • Subject to shareholder approval at ensuing Annual General Meeting

5. Employee Designation

  • Mr. Akshat Khandelwal designated as President - Portfolio Management & Recovery
  • Authorized as Authorized Officer for portfolio management and recovery operations

6. Managing Director Remuneration Revision

  • Mr. Sanjay Kumar Jain (DIN: 00415316), Managing Director
  • Remuneration revised from ₹5,000 per month to ₹25,000 per month
  • Effective from August 13, 2026
  • Subject to Companies Act, 2013 provisions

7. Company Name Change Proposal

  • Proposed names: Nicoindia Finance & Investment Limited or Nicoindia Finvest Services Limited
  • Subject to name availability and approval of:
  • Registrar of Companies, Central Registration Centre
  • Ministry of Corporate Affairs
  • RBI
  • Shareholders
  • Other statutory/regulatory authorities
  • Requires alteration of Memorandum of Association and adoption of amended Articles of Association
  • Shareholder approval via special resolution required

8. Other Matters

  • Any other matter with permission of chair

Regulatory References: Regulation 29 and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Financial Impact: Remuneration increase for Managing Director quantified at ₹25,000 per month. Other financial impacts not quantified in the disclosure.