Trustedge Capital Limited has appointed Shail Manoj Savla and Narayanan Sadanandan as Additional Directors to its board, effective July 7, 2026. The company also accepted the resignation of Mrs. Vidhi Shail Savla from the position of Director (Promoter, Non-Executive) due to paucity of time. These changes follow a board meeting and are subject to shareholder approvals.

Appointments and Resignations

The Board of Directors approved the appointment of Mr. Shail Manoj Savla (DIN: 08763064) as an Additional Director (Promoter, Non-Executive). He is the son of Mr. Manoj Shantilal Savla, the Managing Director of the company. His appointment is liable to retire by rotation and will be recommended to shareholders for approval at the ensuing Annual General Meeting.

Simultaneously, Mr. Narayanan Sadanandan (DIN: 07263104) was appointed as an Additional Director (Non-Executive and Independent Director). The board has recommended his appointment as an Independent Director for a term of five years, commencing July 7, 2026, until July 6, 2031. He is not liable to retire by rotation, subject to shareholder approval.

Mrs. Vidhi Shail Savla (DIN: 09107866) resigned from the office of Director (Promoter, Non-Executive) effective the close of business hours on July 7, 2026. She confirmed there were no material reasons for her resignation other than the stated paucity of time.

Director Profiles and Compliance

Mr. Shail Manoj Savla is a Mechanical Engineer and MBA from the USA with approximately 10 years of experience in project management and strategic planning. Mr. Narayanan Sadanandan brings over 40 years of experience in banking and financial services, having held senior leadership roles at the State Bank of India Group, including Managing Director & CEO of SBI Pension Funds Private Limited.

Both appointees have confirmed they are not disqualified from being appointed as directors under Section 164 of the Companies Act 2013. They have also declared that they are not debarred from holding the office of director by any SEBI order or other authority, as required under BSE circular no. LIST/COMP/14/2018-19 dated June 20, 2018.

Trustedge Capital Limited (formerly known as Adinath Exim Resources Limited) held a Board of Directors meeting on May 12, 2026, approving audited standalone financial results for the quarter and financial year ended March 31, 2026, along with key personnel changes and governance updates. The board meeting commenced at 02:30 PM IST and concluded at 04:00 PM IST. In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company subsequently published the audited standalone financial results in Business Standard (English) and Jai Hind (Gujarati) on May 13, 2026. The statutory audit was conducted by M/s Mahendra N. Shah & Co., Chartered Accountants (FRN: 105775W), who issued an unmodified opinion on the financial results. The full format of the results is available on the BSE website ( www.bseindia.com ) and the company's website ( www.trustedgecapital.in ).

Financial Performance: FY26 vs FY25

The company reported a marked improvement in its financial performance for the year ended March 31, 2026. Total income surged to ₹537.09 lakhs from ₹109.32 lakhs in the previous year, driven primarily by a significant increase in interest income and the addition of fee and commission income. Net profit after tax stood at ₹54.60 lakhs for FY26, compared to ₹16.49 lakhs in FY25. The following table summarises the key financial metrics (all figures in ₹ Lakhs unless otherwise stated):

Balance Sheet Highlights as at March 31, 2026

The company's total assets grew substantially to ₹7,102.53 lakhs as at March 31, 2026, compared to ₹2,311.81 lakhs as at March 31, 2025. The loan book expanded significantly to ₹6,094.31 lakhs from ₹1,101.50 lakhs in the prior year, reflecting the company's active lending operations as a Non-Banking Financial Company (NBFC). Equity also strengthened, with total equity rising to ₹5,525.42 lakhs from ₹2,258.58 lakhs, supported by a paid-up equity share capital of ₹922.80 lakhs and other equity of ₹4,602.62 lakhs.

Rights Issue Utilisation

During the previous quarter, the company allotted 33,74,428 fully paid-up equity shares on a rights basis at an issue price of ₹80 per share (including share premium of ₹70 per share), aggregating to ₹2,699.54 lakhs, in the ratio of 49 rights equity shares for every 85 fully paid-up equity shares held by eligible shareholders as on the record date of October 1, 2025. The net proceeds were proposed to be utilised as follows:

• Augmentation of capital base for onward lending: ₹1,988 lakhs
• General corporate purposes: ₹673.15 lakhs
• Issue related expenses: ₹38.39 lakhs

During the previous quarter, the company utilised ₹1,925 lakhs towards augmentation of capital base, ₹568.77 lakhs towards general corporate purposes, and ₹38.39 lakhs towards issue-related expenses. During the current quarter under review, the company utilised the remaining ₹63 lakhs towards augmentation of capital base and ₹104.38 lakhs towards general corporate purposes.

Internal Auditor Re-Appointment

Based on the recommendation of the Audit Committee, the Board re-appointed M/s MGP & Associates, Chartered Accountants (FRN: 140164W), as Internal Auditors of the company for the financial year ending March 31, 2027, with effect from May 12, 2026. MGP & Associates is a Chartered Accountancy firm founded in 2014, offering services including audit, tax advisory, management consultancy, financial management, accounting, secretarial, and corporate advisory services across a broad spectrum of industries. The firm is not related to any of the directors of the company.

Senior Management Personnel Designations

Pursuant to the recommendations of the Nomination and Remuneration Committee, the Board designated two individuals as Senior Management Personnel with effect from May 12, 2026:

Resignation of Independent Director

Mr. Ketan Harsukhlal Sanghvi (DIN: 06531676) tendered his resignation from the position of Non-Executive Independent Director of the company with effect from the closing of business hours on May 12, 2026, citing health reasons. Consequent to his resignation, he also ceased to be the Chairman of the Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee of the company. Mr. Ketan Sanghvi confirmed in his resignation letter dated May 12, 2026, that there are no other material reasons for his resignation beyond those stated. He held no directorships or committee memberships in any other listed companies at the time of his resignation.