Trio Mercantile & Trading Ltd adopted its audited standalone financial statements for the fiscal year ended March 31, 2026, during its 24th Annual General Meeting held on September 24, 2026. The meeting also sanctioned significant leadership changes, including the appointment of Kaushik Jagannath Joshi as Chairman and Managing Director.

The proceedings were conducted via Video Conferencing and Other Audio-Visual Means, concluding at 2:20 pm. The meeting began with the reading of the notice and a review of the company's performance during FY26 by the Chairman. Members consented to take the Notice, Directors' Report, and Auditors' Report as read, streamlining the adoption of the annual accounts.

Key governance resolutions passed

Shareholders approved several special business items focused on restructuring the board composition and executive roles. The resolutions included the re-appointment of Kaushik Jagannath Joshi, who retired by rotation, and his elevation to top executive positions.

The following table summarizes the primary appointments approved during the meeting:

Board expansion and secretarial audit

In addition to executive changes, the shareholders appointed three new Non-Executive Independent Directors to strengthen corporate governance oversight. The newly appointed independent directors are Kiran Ramchandra Shelke, Vikram Navin Vador, and Dhruv Suresh Bhanushali. Jignesh Shailesh Tank was also appointed as a Non-Executive Non-Independent Director.

The meeting also addressed compliance requirements by approving the appointment of M/s. Bharat Prajapati & Co., a peer-reviewed firm of Company Secretaries, as the Secretarial Auditors of the company. Furthermore, shareholders passed a special resolution to alter the object clause of the memorandum of association, signaling potential strategic shifts in the company's operational scope.

Voting process and conclusion

The company facilitated electronic voting through Central Depository Services (India) Limited, with the voting window open from September 21 to September 23, 2026. Bharatbhai Prajapati served as the scrutinizer for the e-voting process. The results of the voting were declared and communicated to the stock exchanges as per statutory requirements.

Trio Mercantile & Trading approved the relocation of its registered office to Mulund, Mumbai, effective September 5, 2026. The decision was taken during a board meeting held on the same date.

The company moved its registered address from Borivali (West) to Shop No. 2, "A" Wing, Tulip - Rachana Garden, Village Nahur, G. G. Singh Road, Mulund (West), Mumbai 400082. The shift remains within the local limits of the city of Mumbai.

Board Approval Details

The Board of Directors convened on Saturday, September 5, 2026, commencing at 9:00 pm and concluding at 9:35 pm. The meeting approved the change in registered office address.

Ms. Radhika Kaushik Joshi, Additional Director (DIN: 08206100), signed the disclosure. The company notified BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Address Change Summary