Trustedge Capital Limited announced the resignation of Jayprakash Labhshankar Raval from his position as Chief Financial Officer and Key Managerial Personnel (KMP). The resignation is effective from the close of business hours on October 17, 2026.

Raval cited personal reasons for his departure. Consequently, he ceased to be a KMP under Section 203 of the Companies Act, 2013, and under Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory change impacts the determination of materiality for events requiring stock exchange disclosures.

Regulatory Compliance and Disclosure

The company filed an intimation with BSE Limited under Regulation 30 of the SEBI LODR Regulations. The filing included details mandated by SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The resignation letter was also submitted as part of the disclosure package.

Governance Implications

The immediate cessation of Raval’s role means he no longer holds authority for materiality assessments or disclosure obligations on behalf of the company. Trustedge Capital, formerly known as Adinath Exim Resources Limited, has not disclosed a successor appointment in this filing. The company secretary, Pinkal Mehta, signed off on the regulatory communication to ensure compliance with listing norms.

Trustedge Capital Limited shareholders unanimously approved all resolutions at the 32nd Annual General Meeting held on September 24, 2026. The voting results, submitted on September 25, 2026, confirm that every agenda item received 100% support from the valid votes cast.

The meeting, conducted via Video Conferencing and Other Audio Visual Means, saw the adoption of audited standalone financial statements for the fiscal year ended March 31, 2026. The statutory auditor’s report by M/s Mahendra N. Shah & Co and the secretarial audit report by CS Aishwarya Himanshu Parekh received no adverse comments or qualifications.

Voting outcomes and director appointments

The scrutinizer’s report details the specific voting patterns for each resolution. Remote e-voting facilities were available from September 19 to September 23, 2026, with e-voting also conducted during the meeting. The following table summarizes the voting results for the key resolutions:

Mr. Manoj Shantilal Savla retired by rotation and was re-appointed as a Director. Additionally, two new appointments were approved subject to regulatory clearance: Mr. Shail Manoj Savla was appointed as Director, subject to approval from the Reserve Bank of India (RBI), and Mr. Narayanan Sadanandan was appointed as Non-Executive Independent Director.

Compliance and procedural details

CS Aishwarya Himanshu Parekh served as the scrutinizer for both remote and venue e-voting processes. The company placed a certificate on its website confirming that the 'Trustedge Employee Stock Option Scheme 2025' was implemented in accordance with SEBI regulations and shareholder resolutions passed in May 2025.

The reports are available on the company website and the NSDL e-voting portal. The meeting concluded with all procedural requirements under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, satisfied.