Bridge Securities Limited concluded its 31st Annual General Meeting on September 21, 2026. The meeting, held via video conferencing, saw shareholders approve key resolutions including a change in the company’s name and alterations to its Memorandum of Association.

The meeting commenced at 3:30 pm and concluded at 3:36 pm. Harshad Amrutlal Panchal, Managing Director, chaired the proceedings after confirming the presence of the requisite quorum.

Key Resolutions Passed

Shareholders voted on five resolutions during the AGM. These included ordinary and special resolutions covering financial statements, director appointments, and corporate structural changes.

Voting and Proceedings

Members who had not voted during the remote e-voting period cast their votes during the meeting. The chairman informed attendees that consolidated results of both e-voting and remote e-voting would be announced within two working days.

The session included an oral presentation by the chairman regarding the company’s performance. Members’ queries were addressed satisfactorily before the meeting was declared closed.

Bridge Securities has set its book closure period from September 14, 2026, to September 21, 2026, in preparation for its 31st Annual General Meeting. The company previously approved a name change to Weorg Enterprises Limited and restructured its board during its August 27, 2026 meeting.

The Board of Directors met at its registered office in Ahmedabad to consider several key resolutions under Regulation 30 of SEBI (LODR) Regulations, 2015. These included altering the Memorandum of Association (MOA) to align with proposed business activities in agriculture and allied sectors.

Book Closure Details

Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Register of Members and Share Transfer Books will remain closed for the specified period. The cut-off date for determining shareholders eligible to receive the AGM notice is August 21, 2026. For e-voting purposes, the cut-off date is September 11, 2026.

Corporate Governance Changes

Mr. Manish Shrichand Bachani resigned from his position as Non-Executive and Independent Director effective August 27, 2026, citing personal reasons. He confirmed there were no other material reasons for his departure. Mr. Bachani currently holds directorships in Scarnose International Limited and Add-Shop E-Retail Limited.

To fill the vacancy, the board appointed Mr. Sanketkumar Dave as an Additional Non-Executive and Independent Director with effect from August 27, 2026. Mr. Dave, who has been a partner at India Air Services since 2016, brings technical expertise in computer and mechanical drafting.

Committee Reconstitution

The board reconstituted three key committees following these personnel changes:

Strategic Shifts and AGM

The board approved deleting Object Nos. 1 to 4 from the Main Object Clause of the MOA to rationalize business objects. The new focus includes farming, sericulture, and trading in agricultural products. This aligns with the auditor’s certificate stating that 100% of revenue in the preceding year came from commissions on agricultural products.

The company scheduled its 31st Annual General Meeting for September 21, 2026, to be held via video conferencing. Shareholders will vote on the name change, MOA alterations, and the regular appointment of Mr. Dave for a five-year term. Managing Director Mr. Harshad Amrutlal Panchal retires by rotation and offers himself for re-appointment.

Financial Context

These corporate actions follow the company’s FY26 results, where net profit rose to ₹155.07 lakh from ₹127.43 lakh in FY25. Total revenue grew to ₹248.16 lakh, driven by a significant increase in other income to ₹33.05 lakh from ₹6.66 lakh previously. Revenue from operations stood at ₹215.10 lakh.

The balance sheet showed total assets increasing to ₹753.44 lakh, with trade receivables rising sharply to ₹171.00 lakh from ₹11.75 lakh. The company did not declare a dividend for FY26.