Trident Texofab Limited has scheduled an Extraordinary General Meeting (EGM) for Wednesday, October 28, 2026, to seek shareholder approval for the appointment of M/s. A Bafna & Associates as its statutory auditor.

The meeting will be held via Video Conferencing or Other Audio Visual Means at 4:00 pm. The agenda focuses on ratifying the appointment made by the Board to fill a casual vacancy caused by the resignation of the previous auditors.

Auditor Appointment Details

The Board of Directors approved the appointment of M/s. A Bafna & Associates, Chartered Accountants (Firm Registration No. 121901W), during a meeting held on October 3, 2026. This appointment fills the casual vacancy resulting from the resignation of M/s. Shah Kailash & Associates LLP, Chartered Accountants (Firm Registration No. 109647W/W100926).

If approved by shareholders, A Bafna & Associates will hold office from the conclusion of this EGM until the next Annual General Meeting. They will conduct the statutory audit for the financial year 2026-27. The remuneration will be fixed by the Chairman in consultation with the Statutory Auditor.

M/s. A Bafna & Associates is a firm registered with the Institute of Chartered Accountants of India (ICAI) with over 20 years of experience in financial consultancy, audit of listed entities, and corporate compliance. The Board reported no relationship between the directors and the newly appointed auditors.

EGM Logistics and Voting Schedule

Shareholders can participate in the EGM through remote e-voting or join the virtual meeting directly. The key dates for the voting process are outlined below:

The facility for remote e-voting is provided by National Securities Depository Limited (NSDL). Members holding shares in dematerialized form as on the cut-off date are eligible to vote electronically. Institutional investors must send their board resolutions to the scrutinizer, CS Mehul Nanubhai Amareliya, Practicing Company Secretary.

Regulatory Compliance and Notices

The notice for the EGM has been uploaded on the company's website and the BSE website. In line with Ministry of Corporate Affairs circulars, the meeting is being conducted virtually, and physical attendance is not required. Proxy forms are not applicable for this meeting; however, body corporates may appoint authorized representatives.

The explanatory statement confirms that none of the directors, key managerial personnel, or their relatives are financially interested in the resolution. The results of the voting, along with the scrutinizer's report, will be displayed on the company's website immediately after the declaration.

Trident Texofab Limited saw a minor increase in promoter group holding following an open market acquisition by the Hardik Desai Family Trust. The trust purchased 5,412 equity shares on September 21, 2026, raising its stake to 6.99% of the company's total voting capital.

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, by Hardik Jigishkumar Desai, acting as trustee for the family trust. The transaction was executed through the open market route, with no encumbrances or convertible securities involved in the acquisition.

Pre and Post Acquisition Holdings

The acquisition increased the total number of shares held by the promoter group entity from 10,42,334 to 10,47,746. This represents a marginal shift in ownership percentage from 6.95% to 6.99%.

Transaction Details

The target company's equity share capital remained unchanged at ₹14,99,57,640, comprising 1,49,95,764 equity shares of ₹10 each. The diluted share capital also remained constant at this level, indicating no outstanding convertible instruments were affected by this trade.

• Acquirer: Hardik Desai Family Trust (Promoter Group)
• Mode of Acquisition: Open Market
• Date of Acquisition: September 21, 2026
• Number of Shares Acquired: 5,412
• Listing Exchange: BSE

What the Numbers Show

The acquisition represents a negligible change in the overall shareholding pattern, with a 0.04% increase in the promoter group's stake. The consistency between the pre-acquisition and post-acquisition total diluted capital confirms that the transaction was purely secondary market activity involving existing equity shares, without any dilution from new issuances or conversions.