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

Hexa Tradex Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors approved the results in their meeting held on May 11, 2026, with the statutory audit conducted by M/s Lodha & Co LLP, Chartered Accountants. The auditors issued an unmodified opinion on both standalone and consolidated financial statements.

Standalone Financial Performance

On a standalone basis, Hexa Tradex recorded a net loss after tax of ₹295.31 lakhs for FY26, a significant reversal from a net profit of ₹187.87 lakhs in FY25. Total income for FY26 stood at ₹7.86 lakhs, compared to ₹677.25 lakhs in FY25, while total expenses declined to ₹343.16 lakhs from ₹384.72 lakhs in the prior year. The loss before tax for FY26 was ₹335.30 lakhs, against a profit before tax of ₹292.53 lakhs in FY25.

The following table summarises the standalone financial results:

The total other comprehensive income (OCI) for FY26 on a standalone basis was ₹(1,575.03) lakhs, compared to ₹83,686.70 lakhs in FY25, primarily driven by a loss on fair valuation of non-current investments of ₹(1,839.81) lakhs in FY26 versus a gain of ₹62,631.93 lakhs in FY25. Consequently, total comprehensive income for FY26 stood at ₹(1,870.34) lakhs, against ₹83,874.57 lakhs in FY25.

Standalone Balance Sheet and Cash Flow

The standalone balance sheet as at March 31, 2026 reflected total assets of ₹4,33,143.44 lakhs, compared to ₹4,34,980.08 lakhs as at March 31, 2025. Non-current investments remained the dominant asset at ₹4,33,033.99 lakhs (March 31, 2025: ₹4,34,873.81 lakhs). Net worth as at March 31, 2026 stood at ₹3,73,250.74 lakhs, comprising paid-up equity share capital of ₹1,104.91 lakhs and reserves/other equity of ₹3,72,145.83 lakhs.

The standalone cash flow statement for FY26 showed a net cash outflow from operating activities of ₹212.04 lakhs (FY25: ₹266.29 lakhs outflow), net cash inflow from investing activities of ₹0.38 lakhs (FY25: ₹0.74 lakhs), and net cash inflow from financing activities of ₹212.47 lakhs (FY25: ₹267.79 lakhs). Cash and cash equivalents at the end of FY26 stood at ₹4.05 lakhs, up from ₹3.24 lakhs at the beginning of the year.

Consolidated Financial Performance

On a consolidated basis, which includes subsidiary Hexa Securities and Finance Company Limited, total income for FY26 was ₹545.59 lakhs compared to ₹1,245.50 lakhs in FY25. Total consolidated expenses for FY26 stood at ₹1,270.99 lakhs against ₹1,425.29 lakhs in FY25. The consolidated loss before tax for FY26 was ₹725.40 lakhs, compared to a loss of ₹179.79 lakhs in FY25. The consolidated net loss after tax widened to ₹871.99 lakhs in FY26 from a net profit of ₹2,494.71 lakhs in FY25.

Consolidated total other comprehensive income for FY26 was ₹14,550.72 lakhs (FY25: ₹67,160.53 lakhs), resulting in total comprehensive income of ₹13,678.73 lakhs for FY26 against ₹64,665.92 lakhs in FY25. Consolidated net worth as at March 31, 2026 stood at ₹4,61,551.23 lakhs, compared to ₹4,47,872.51 lakhs as at March 31, 2025.

Consolidated Cash Flow

The consolidated cash flow statement for FY26 recorded a net cash outflow from operating activities of ₹363.38 lakhs (FY25: net inflow of ₹2,248.60 lakhs). Net cash inflow from investing activities stood at ₹1,833.57 lakhs (FY25: ₹531.27 lakhs), while net cash outflow from financing activities was ₹1,467.85 lakhs (FY25: outflow of ₹2,778.18 lakhs). Consolidated cash and cash equivalents at the end of FY26 stood at ₹6.32 lakhs, up from ₹3.98 lakhs at the beginning of the year.

Subsidiary Financial Highlights

The audited financial results of subsidiary Hexa Securities and Finance Company Limited, as referenced in the consolidated auditor's report, reflect total assets of ₹1,21,782.73 lakhs as at March 31, 2026. The subsidiary reported total revenue of ₹558.19 lakhs and a net loss after tax of ₹578.44 lakhs for the year ended March 31, 2026, with total comprehensive income of ₹15,547.30 lakhs and net cash inflows of ₹1.53 lakhs for the year.

Segment Performance

Hexa Tradex operates through two primary business segments: trading & other activities, and investment & finance, on both standalone and consolidated bases.

Standalone Segment Results (FY26):

Consolidated Segment Assets (as at 31.03.2026):

Consolidated Segment Liabilities (as at 31.03.2026):

Corporate Developments and Regulatory Matters

Several notable corporate developments were disclosed alongside the financial results:

• Delisting: The delisting of equity shares of Hexa Tradex Limited initiated by the acquirers has been substantially completed, including payment to all shareholders who offered their shares under the process. The final application for delisting has been filed with BSE and NSE and is pending approval.
• SEBI Show Cause Notice: SEBI issued a Show Cause Notice (SCN) bearing reference no. SEBI/HO/CFID/SEC1/P/OW/2024/10765/1 dated March 18, 2024, alleging violation of certain provisions of the SEBI Act and regulations thereunder. The company and other noticees have filed settlement applications and replies to the SCN. The matter remains pending for disposal with SEBI.
• Auditor's Declaration: The CEO & Company Secretary declared that the auditors' report on the audited standalone and consolidated financial results for the quarter/year ended March 31, 2026 does not contain any modified opinion.