Vertex Securities has scheduled its 33rd Annual General Meeting (AGM) for Tuesday, September 29, 2026. The meeting will commence at 4:00 pm and will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM).

The company published the notice in Business Standard and Mangalam on August 29, 2026. This disclosure complies with Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

The AGM aims to transact the business set out in the official notice. Members participating via VC or OAVM will be reckoned for the purpose of quorum under Section 103 of the Companies Act, 2013.

The Notice of the AGM and the Annual Report for FY26 are available electronically to members with registered email IDs. These documents are also accessible on the company website, the BSE Limited website, and the NSDL e-voting portal.

Key Agenda Items

The meeting will address several critical governance and operational matters:

• Adoption of Financials: Consideration and adoption of Standalone and Consolidated Audited Financial Statements for FY26.
• Director Re-appointment: Re-appointment of Mr. Kumar Nair (DIN: 00320541), who retires by rotation.
• MD Tenure Extension: Approval for the continuation of Mr. Ramachandran Unnikrishnan (DIN: 00493707) as Managing Director & CEO beyond the age of 70 years, via a Special Resolution under Section 196(3)(a) of the Companies Act, 2013.
• Related Party Transactions: Approval of material related party transactions with Transwarranty Finance Limited (TFL) and subsidiary Vertex Commodities and Finpro Private Limited (VCFPL).

E-Voting Procedures

Members whose email IDs are not registered with depositories must provide specific details to procure user IDs and passwords for e-voting.

• Physical share holders must provide folio number, name, scanned share certificate, PAN, and Aadhaar.
• Demat account holders must provide DPID-Client ID, name, client master copy, PAN, and Aadhaar.

Members can send these details to secretarial@vertexbroking.com or mt.helpdesk@in.mpmms.mufg.com . Alternatively, requests can be sent to evoting@nsdl.co.in .

Individual demat account holders can cast votes using single login credentials through their demat accounts or the websites of NSDL and CDSL. Members attending the AGM who have not voted remotely can vote electronically during the meeting.

Vertex Securities Limited reported a narrowed standalone net loss of ₹49.16 lakh for the quarter ended June 30, 2026 (Q1FY27), marking a significant improvement from the ₹1.26 crore loss recorded in the preceding quarter. The subsidiary of Transwarranty Finance Limited achieved this turnaround primarily through effective cost containment, with total expenses falling to ₹2.31 crore from ₹2.80 crore in Q4FY26, even as revenue from operations remained relatively stable. This operational efficiency highlights the company's ability to manage profitability pressures in a challenging market environment.

The Board of Directors approved the unaudited financial results on July 30, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, Deoki Bijay & Co., Chartered Accountants, conducted a limited review of the financial statements as required under Regulation 33 of the Listing Regulations. Additionally, the company disclosed the cessation of Ms. Meera Haridas as Executive Director and Chief Financial Officer effective July 31, 2026, consequent upon her superannuation.

Financial Performance

Revenue from operations stood at ₹1.68 crore in Q1FY27, slightly up from ₹1.59 crore in Q4FY26 when accounting for negative income items in the prior period. Fees and commission revenue increased to ₹1.63 crore from ₹1.56 crore. However, income from depository participant operations dropped to ₹5.56 lakh from a negative ₹5.58 lakh in the previous quarter, indicating volatility in this segment. Interest income also declined to ₹9.30 lakh from a negative ₹11.41 lakh in Q4FY26.

Total expenses decreased by approximately 17% quarter-on-quarter to ₹2.31 crore. Key drivers included a sharp drop in fees and commission expenses to ₹72.37 lakh from ₹99.28 lakh, and other expenses falling to ₹66.74 lakh from ₹86.27 lakh. Employee benefits remained stable at ₹82.86 lakh. Consequently, the loss before tax narrowed to ₹49.16 lakh from ₹1.26 crore.

On a consolidated basis, which includes Vertex Commodities and Finpro Private Limited, the net loss was ₹40.40 lakh compared to ₹1.44 crore in Q4FY26. Consolidated revenue from operations was ₹1.68 crore, while total income rose to ₹1.92 crore from ₹1.83 crore due to higher interest income of ₹18.67 lakh.

Corporate Developments

The Board appointed M/s. DVJ and Associates, Chartered Accountants, as the Internal Auditor for the financial year 2026-27. Established in 1998, the firm is empanelled with the Reserve Bank of India and the Comptroller and Auditor General of India. Ms. Haridas confirmed her retirement in a letter dated July 20, 2026, citing personal commitments and adherence to the company’s superannuation policy.

What the Numbers Show

The most significant aspect of Vertex Securities’ Q1FY27 performance is the divergence between revenue stability and expense reduction. While revenue from operations remained relatively flat, the company successfully curtailed discretionary costs, particularly in fees and commissions and other expenses. This operational efficiency directly contributed to the 61% quarter-on-quarter reduction in net loss, demonstrating improved cost management despite a challenging top-line environment.