Tradewell Holdings Limited has scheduled its 32nd Annual General Meeting (AGM) for Wednesday, September 30, 2026. The meeting will take place at 12:30 pm at the DDA Shopping Complex in Mayur Vihar-I, Delhi.

The agenda includes ordinary business items such as the adoption of standalone audited financial statements for the fiscal year ended March 31, 2026. Shareholders will also vote on the re-appointment of Mr. Kamal Manchanda as Whole-time Director.

Special Business Items

The AGM notice lists two special business resolutions concerning Mr. Manchanda’s compensation:

• Ratification of remuneration of ₹18 lakh paid during FY25-26 under Schedule V of the Companies Act, 2013, due to inadequate profits in the prior year.
• Approval of annual remuneration of ₹18 lakh effective April 1, 2026, which exceeds limits under Section 197 of the Companies Act, 2013.

Voting and Logistics

The company is providing remote e-voting facilities via National Securities Depository Limited (NSDL). The cut-off date for determining eligibility is Wednesday, September 23, 2026. Remote e-voting will commence on Sunday, September 27, 2026, at 9:00 am and conclude on Tuesday, September 29, 2026, at 5:00 pm.

The Register of Members and Share Transfer Book will remain closed from Thursday, September 24, 2026, to Wednesday, September 30, 2026, inclusive.

Financial Context

The explanatory statement notes that the company incurred a loss or had inadequate profits during the fiscal year ended March 31, 2025. This necessitated shareholder approval for director remuneration paid in FY25-26. Conversely, the company reported profits for the fiscal year ended March 31, 2026, though the proposed remuneration still requires special resolution approval as it exceeds statutory limits based on net profit computations.

Financial Performance Overview

What the Numbers Show

Revenue from operations contracted sharply to ₹810.26 lakh in FY25, down from ₹2,769.06 lakh in FY24. This decline was accompanied by a significant drop in other income, which fell to ₹134.77 lakh from ₹488.45 lakh in the previous year. The combined reduction in operating and non-operating income led to a pre-tax loss of ₹95.25 lakh in FY25, reversing the pre-tax profit of ₹309.19 lakh recorded in FY24.

Tradewell Holdings Limited’s Board of Directors has approved the ratification of remuneration paid to Whole-time Director Mr. Kamal Manchanda for the financial year 2025-26.

The approval, granted during a board meeting held on September 4, 2026, is subject to shareholder consent at the company’s ensuing Annual General Meeting (AGM).

Remuneration Details

The board sought to ratify the payment of ₹18,00,000 to Mr. Manchanda for FY26. This amount was paid under Schedule V, Part II, Section II of the Companies Act, 2013, citing inadequate profits or losses during the period.

Additionally, the board approved future remuneration of ₹18,00,000 for FY27 and the balance of his tenure. This prospective payment exceeds the limits prescribed under Section 197(1) of the Companies Act, 2013, based on net profits calculated under Section 198.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also references SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

The company, formerly known as Brand Realty Services Limited, is headquartered in New Delhi with its corporate office in Noida.