Triumph International Finance India Limited reported a net profit of ₹390.90 lakh for the financial year ended March 31, 2026, compared to ₹366.67 lakh in the previous year. The company's board approved the audited standalone and consolidated financial results at a meeting held on May 29, 2026. While the company posted a profit, statutory auditors Rawat & Associates issued a qualified opinion, highlighting significant uncertainties regarding debt recovery and compliance with accounting standards.

The auditors raised concerns over the recoverability of ₹67.09 crore from Classic Credit Limited and ₹3.56 crore from Panther Investrade Limited due to pending legal proceedings. Additionally, the company did not recognise an interest liability on a ₹46.76 crore loan from Punjab National Bank, a non-compliance with Ind AS 37 and Ind AS 109 that adversely affects accumulated losses and total equity. The auditors also noted that the company's stock-broker registration has been cancelled by SEBI and it has been declared a defaulter by the National Stock Exchange, casting doubt on its ability to continue as a going concern.

The board appointed CS Kavita Raju Joshi as the Secretarial Auditor during the meeting. The trading window for the company's securities, which had been closed since April 1, 2026, will reopen 48 hours after the declaration of these results. The company stated that its paid-up equity share capital does not exceed ₹10 crore and its net worth does not exceed ₹25 crore, making certain corporate governance regulations inapplicable for the half year ended March 31, 2026.

Promoters of triumph international finance have declared that no encumbrance has been created on the company's shares during the financial year ended March 31, 2026. The disclosure was submitted to BSE Limited in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The declaration, signed by Dharmesh Doshi on behalf of all promoters and the promoter group, confirms that neither the promoters nor persons acting in concert (PAC) have directly or indirectly encumbered any shares. The filing was addressed to the Corporate Service Department of BSE Limited on May 8, 2026.

Regulatory Compliance

The submission follows a communication from the exchange regarding the non-submission of the declaration within the prescribed timeline. In a response dated May 20, 2026, the company acknowledged an inadvertent oversight and confirmed that the requisite declaration was obtained from promoters and submitted to the exchange immediately upon receipt of the observation letter.

Promoter Details

The declaration was submitted on behalf of the following entities and individuals categorized as promoters and promoter group members:

The company has assured the exchange that necessary steps have been taken to prevent recurrence of such delays and to ensure timely compliance with all applicable regulatory requirements in the future.