StockWatch
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Other Financial Services
Shareholding9 Oct 2026, 10:34 am

Hi-Klass Trading: Ashok Kabra Sells 37.30 Lakh Shares

AI Summary

Hi-Klass Trading and Investment Ltd has filed a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Ashok Kabra & Others have sold a total of 37,30,432 equity shares, representing 12.34% of the total share capital. The transaction was conducted via open market sale on October 7, 2026. Following the sale, the aggregate holding of Ashok Kabra & Others in Hi-Klass Trading and Investment Ltd has reduced from 25.14% to 12.80%. The total equity share capital before the sale was ₹3,02,17,400 and after the sale remains ₹3,02,17,400, with a diluted share capital of ₹3,35,12,400.

Key Highlights

  • Ashok Kabra & Others sold 37,30,432 shares in Hi-Klass Trading.
  • The sale represents a 12.34% stake reduction in the company.
  • The transaction was executed through the open market.
  • Post-sale holding for the group is now 12.80%.
  • The sale occurred on October 7, 2026.