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Board approved a conditional Ringo Fincap agreement to acquire and resolve distressed retail loan portfolios and proposed renaming the company Nicoindia Finance & Investment Limited. CFO Deepak Jhunjhunwala resigned; Bhawana Jha was appointed effective August 13. Context: proposed first expansion beyond its holding-and-investing model.
Hi-Klass Trading And Investment Approves Distressed Loan Portfolio Entry And Name Change
Hi-Klass Trading Proposes Finance Pivot, CFO Change And Rebranding