Acquisitions2 Mar 2026, 02:52 pm
Nico India Consultancy Acquires 9.6 Lakh Equity Shares in Hi-Klass Trading and Investment Ltd via Preferential Allotment
AI Summary
Nico India Consultancy LLP, a promoter of Hi-Klass Trading and Investment Ltd, has acquired 9,60,000 equity shares of the company. The shares were allotted at an offer price of Rs. 25/- each, pursuant to the conversion of warrants on a preferential allotment basis. This acquisition increases Nico India Consultancy's holding to 23.70% of the total diluted share capital of Hi-Klass Trading and Investment Ltd.
Key Highlights
- Nico India Consultancy LLP, a promoter of Hi-Klass Trading and Investment Ltd, has acquired 9,60,000 equity shares of the company.
- The shares were allotted at an offer price of Rs. 25/- each, pursuant to the conversion of warrants on a preferential allotment basis.
- This acquisition increases Nico India Consultancy's holding to 23.70% of the total diluted share capital of Hi-Klass Trading and Investment Ltd.
- The total equity shares of Hi-Klass Trading and Investment Ltd stand at 3,35,12,400 after the acquisition.
- The total diluted share capital of Hi-Klass Trading and Investment Ltd after the acquisition is 3,35,12,400.