Krishna Kabra and PACs Sell 12.34% Stake in Hi-Klass Trading and Investment
Krishna Kabra and PACs Sell Stake in Hi-Klass Trading
Krishna Kabra and the Persons Acting in Concert (PACs) associated with him have sold shares and warrants of Hi-Klass Trading and Investment Limited through the open market. The transaction took place on October 7, 2026, and was disclosed in a regulatory filing submitted on October 8, 2026.
The disposal involved 37,30,432 shares and warrants, representing 12.34% of the company's total share and voting capital. The disclosure was made under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Hi-Klass Trading and Investment Shareholding Impact
Before the transaction, Krishna Kabra and the associated non-promoter entities held 76,00,000 shares and warrants, equivalent to 25.14% of the company's total share and voting capital.
Following the sale, their combined holding declined to 38,69,568 shares and warrants, representing 12.80% of the total share and voting capital. The transaction marks a reduction in the group's disclosed shareholding in the company.
Hi-Klass Trading and Investment Stake Sale Highlights
- Company: Hi-Klass Trading and Investment Limited.
- Seller: Krishna Kabra and Persons Acting in Concert (PACs).
- Seller Category: Non-promoter group.
- Transaction Type: Open-market disposal.
- Transaction Date: October 7, 2026.
- Disclosure Date: October 8, 2026.
- Shares and Warrants Sold: 37,30,432.
- Stake Sold: 12.34% of the total share and voting capital.
- Pre-Transaction Holding: 76,00,000 shares and warrants.
- Pre-Transaction Stake: 25.14%.
- Post-Transaction Holding: 38,69,568 shares and warrants.
- Post-Transaction Stake: 12.80%.
- Regulatory Framework: SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
What to Watch Next
- Investors may monitor further stock exchange disclosures for any additional changes in the shareholding of Krishna Kabra and the associated non-promoter entities.
- Subsequent regulatory filings may provide updates on the group's holdings and any further transactions involving the company's shares and warrants.
- Future shareholding disclosures may help investors track changes in ownership concentration and non-promoter participation in the company.
Disclaimer
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