Trust Fintech promoters hold 69.01% stake in FY26

1 min read     Updated on 23 Jun 2026, 09:14 AM
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Trust Fintech disclosed its annual shareholding pattern for FY26, revealing that promoters and the promoter group hold 69.01% of the total equity shares. Hemant Padmanabh Chafale confirmed that no shares were encumbered during the financial year.

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Trust Fintech disclosed that its promoters and promoter group collectively hold 69.01% of the total equity shares as of March 31, 2026. The filing, submitted to the National Stock Exchange of India, confirms the shareholding structure for the financial year ended March 31, 2026, and declares that no shares were encumbered during this period.

Hemant Padmanabh Chafale, a promoter of Trust Fintech , submitted the declaration on behalf of all promoters and members of the promoter group. The disclosure was made under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011. The company stated that neither the promoters nor persons acting in concert created any direct or indirect encumbrance on their shareholdings during FY26.

The detailed shareholding data indicates that Hemant Padmanabh Chafale retains the largest individual stake among the promoters. The total promoter and promoter group holding amounts to 16,441,317 equity shares, representing 69.01% of the total voting power.

Promoter and Promoter Group Holdings

Sr. No. Name No. of Equity Shares held % w.r.t. total shares /voting power
Promoter
1. HEMANT PADMANABH CHAFALE 11292652 47.40
2. SANJAY PADMANABH CHAFALE 2112012 8.86
3. HERAMB RAMKRISHNA DAMLE 1144304 4.80
4. ANAND SHANKAR KANE 959577 4.03
5. MANDAR KISHOR DEO 833547 3.50
Promoter Group
6. ANAGHA HERAMB DAMLE 43225 0.18
7. JAY HEMANT CHAFALE 32000 0.13
8. NEHA ANAND KANE 18000 0.08
9. SWATI ANAND KANE (JOINTLY WITH ANAND KANE) 6000 0.03
TOTAL 16441317 69.01

The declaration was signed by Hemant Padmanabh Chafale on April 7, 2026, and submitted to the exchange by Tapasi Das, Company Secretary & Compliance Officer of Trust Fintech.

Historical Stock Returns for Trust Fintech

1 Day5 Days1 Month6 Months1 Year5 Years
+0.70%-7.68%-10.96%-38.09%-57.48%-80.82%

Does the high promoter holding of 69.01% suggest potential plans for delisting or further consolidation of ownership in the future?

How might the absence of encumbrances on promoter shares influence institutional investor confidence and the stock's liquidity?

Are there any strategic capital allocation plans, such as dividend payouts or buybacks, expected given the strong promoter control?

Trust Fintech approves FY26 audited financial results

1 min read     Updated on 27 May 2026, 01:40 AM
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Trust Fintech Limited approved its audited standalone and consolidated financial results for the year ended March 31, 2026, receiving an unmodified opinion from Statutory Auditors. The Board also reconstituted the Audit and Stakeholder Relationship Committees and appointed Kaustubh Moghe and Associates as Secretarial Auditor for the upcoming financial year.

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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.

Committee New Members
Audit Committee Mrs. Sandhya Gulhane, Mr. Prasad Dongarkar
Stakeholder Relationship Committee Mr. Heramb Damle

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.

Particulars Details
Name CS Kaustubh Moghe, Proprietor, Kaustubh Moghe and Associates
Term Financial Year 2026-27
Date of Appointment 26 May 2026

Historical Stock Returns for Trust Fintech

1 Day5 Days1 Month6 Months1 Year5 Years
+0.70%-7.68%-10.96%-38.09%-57.48%-80.82%

How does Trust Fintech plan to utilize the remaining unspent IPO proceeds of ₹1,934.48 lakhs in the upcoming fiscal year?

What impact will the reconstitution of the Audit Committee have on the company's internal governance and compliance standards?

Will the new Secretarial Auditor introduce any changes to the company's corporate law compliance framework?

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