Hexa Tradex Ltd shareholders approved all six resolutions at its 15th Annual General Meeting held on June 24, 2026. The meeting saw the adoption of the audited financial statements for the financial year ended March 31, 2026, along with the reports of the Board of Directors and Auditors. This ratification confirms the company's financial position for the preceding fiscal year.

Board and Auditor Appointments

The Board approved the re-appointment of M/s Lodha & Co LLP as the statutory auditors for a second term of five consecutive years. Additionally, the Board was authorized to fix the remuneration for the auditors. In governance changes, Mr. Naresh Kumar Agarwal, who retired by rotation, was re-appointed as a director, having offered himself for re-appointment. Dr. Vinita Jha was also re-appointed as an Independent Director for her second term of five years, effective from June 25, 2026.

Related Party Transactions

Shareholders sanctioned material related party transactions for the financial year 2027-28. The company approved transactions with Siddeshwari Tradex Private Limited and Jindal Saw Limited. The approved limit for transactions with each entity is capped at ₹30 Crores, exclusive of any taxes, duties, or charges.

Voting Results

The scrutinizer's report confirmed that all resolutions were passed with the requisite majority. A total of 50,902,118 votes were cast in favour of the resolutions regarding financial statements, director appointments, and auditor re-appointment, with 205 votes against. For the related party transactions, 6,643 votes were cast in favour and 205 against. The remote e-voting period was conducted from June 21, 2026, to June 23, 2026.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE750M01017/9c48f5ab-4628-47ed-8ddd-baa6f7237b89.pdf

Siddeshwari Tradex Private Limited, along with 46 other entities, has declared that no encumbrance was created on the equity shares of hexa tradex during the financial year ended March 31, 2026. The disclosure confirms that no charges were made directly or indirectly, other than those previously disclosed, ensuring compliance with regulatory requirements regarding shareholding transparency.

The declaration was submitted to BSE Limited and National Stock Exchange of India Ltd. pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires shareholders to disclose any encumbrance on shares to provide clarity to the market and other investors.

The list of declarants includes prominent entities and individuals associated with the Jindal Group, such as JSL Limited, JSW Holdings Limited, Naveen Jindal, Sajjan Jindal, and Savitri Devi Jindal. Other entities include Abhyuday Jindal, Arti Jindal, Deepika Jindal, Parth Jindal, and various family trusts and holding companies.

The filing, signed by Company Secretary Ritika Mishra, was submitted on April 9, 2026. A copy of the declaration was also marked to the Company Secretary and the Audit Committee of Hexa Tradex Limited for their records and necessary action.

The complete list of 47 declarants includes investment companies, private limited entities, and HUFs (Hindu Undivided Families) associated with the promoters and shareholders. The disclosure provides assurance to the market regarding the unencumbered status of the shares held by these entities in Hexa Tradex Limited for the specified financial year.

List of Declarants