Trust Fintech Limited approved its audited standalone and consolidated financial results for the half year and financial year ended March 31, 2026, during its Board meeting on May 26, 2026. The Statutory Auditors, R.B. Bhusari & Co., issued an unmodified opinion on the results. The Board also reconstituted the Audit Committee and Stakeholder Relationship Committee and appointed Kaustubh Moghe and Associates as the Secretarial Auditor for FY 2026-27.

The financial results were submitted pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The accompanying Auditor's Certificate confirmed that the net proceeds from the Initial Public Offering (IPO) amounted to ₹5,619.64 lakhs. The company reported that ₹3,685.16 lakhs had been utilized as of March 31, 2026, with no deviation from the original objects of the issue.

Board Committee Reconstitution

The Board approved the reconstitution of its key committees with immediate effect. Mrs. Sandhya Gulhane and Mr. Prasad Dongarkar were inducted as members of the Audit Committee. Mr. Heramb Damle was included as a member of the Stakeholder Relationship Committee.

Secretarial Auditor Appointment

Kaustubh Moghe and Associates were appointed as the Secretarial Auditor for FY 2026-27 to comply with Section 204 of the Companies Act, 2013. The firm, led by CS Kaustubh Moghe, brings over a decade of corporate experience specializing in corporate laws.

Trust Fintech Limited has secured a purchase order from KDCC Bank for the supply, implementation, integration, and SaaS subscription of add-on software modules along with related services. The development was disclosed to the National Stock Exchange of India Ltd on 15th May 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023.

Order Details at a Glance

The purchase order has been awarded by KDCC Bank, a domestic entity, and is classified as a non-related party transaction. The promoter/promoter group/group companies have no interest in the entity awarding the order. The key parameters of the contract are summarised below:

Financial Terms of the Contract

The contract carries a first-year revenue of Rs. 1,76,77,536 (Rs. One Crore Seventy Six Lakhs Seventy Seven Thousand Five Hundred And Thirty Six only). Over the full tenure of 10 years, the total contract price stands at Rs. 22,23,46,148 (Rs. Twenty Two Crore Twenty Three Lakhs Forty Six Thousand One Hundred And Forty Eight only). The agreement incorporates an annual escalation clause, providing for a yearly 5% increase in software subscription as well as infrastructure rental/subscription charges from Year 2 onwards.

Disclosure and Authorisation

The intimation was signed and submitted by Hemant Chafale, Managing Director of Trust Fintech Limited, on 15th May 2026. The disclosure confirms that neither the promoter nor the promoter group nor any group companies hold any interest in KDCC Bank, and the transaction does not fall within the scope of related party transactions under applicable regulations.