StockWatch
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Other Financial Services
Management Change13 Aug 2026, 03:46 pm

Hi-Klass Trading Appoints New CFO, Reconstitutes Risk Committee

AI Summary

Hi-Klass Trading and Investment Ltd announced significant management changes following a Board of Directors meeting on August 13, 2026. The company accepted the resignation of its Chief Financial Officer, Mr. Deepak Jhunjhunwala, effective the same day. Concurrently, Mrs. Bhawana Jha was appointed as the new CFO and Key Managerial Personnel (KMP). The board also reconstituted the Risk Management Committee due to these changes and updated authorized officials for materiality disclosures. Additionally, the company approved the shifting of its corporate office and an agreement with Ringo Fincap Private Limited for portfolio acquisition.

Key Highlights

  • Resignation of CFO Deepak Jhunjhunwala accepted.
  • Bhawana Jha appointed as new CFO and KMP.
  • Risk Management Committee reconstituted.
  • Corporate office relocation approved.
  • Agreement for distressed loan portfolio acquisition approved.