Trejhara Solutions Limited has issued a corrigendum to modify the explanatory statement for its upcoming Extraordinary General Meeting (EGM) scheduled for December 3, 2025. The amendments pertain to the company's proposed preferential issue of equity shares and convertible warrants.

Key Amendments

Preferential Issue Details

• 6,11,112 equity shares
• 79,97,000 convertible warrants
• Price: INR 216 per share/warrant

Fund Utilization Plan

The company has outlined a detailed plan for the utilization of the INR 75.93 crores to be raised:

Lock-in Provisions

• The preferentially issued equity shares and those resulting from warrant conversion will be subject to lock-in as per SEBI ICDR Regulations.
• Pre-preferential shareholding of allottees will be locked-in for 90 trading days from the date of trading approval.

Allottee Information

The corrigendum includes updated information on the allottees, including their pre-issue holdings and post-issue potential holdings.

Financial Context

Examining Trejhara Solutions' recent balance sheet data provides context for this capital raising initiative:

The significant increase in current liabilities (+131.58%) may partly explain the need for additional working capital through this preferential issue.

Implications

1. Capital Structure: The preferential issue will lead to a notable expansion of Trejhara's equity base, potentially diluting existing shareholdings but strengthening the company's capital structure.

2. Growth Strategy: The allocation of funds for strategic acquisitions signals the company's intent to pursue inorganic growth opportunities, which could enhance its market position and service offerings.

3. Operational Capacity: The earmarked capital expenditure suggests plans for expanding operational capabilities, possibly to meet growing demand or enter new markets.

4. Financial Flexibility: The significant allocation towards working capital and general corporate purposes provides Trejhara Solutions with increased financial flexibility to navigate market challenges and capitalize on emerging opportunities.

Investors and stakeholders should closely monitor how effectively Trejhara Solutions utilizes these funds to drive growth and enhance shareholder value in the coming quarters.

Trejhara Solutions Limited has reported a robust financial performance for the second quarter of fiscal year 2025, marking significant growth in both revenue and profitability. The company also announced the completion of a strategic merger and approved a preferential share issuance.

Financial Highlights

For Q2 FY2025, Trejhara Solutions posted the following consolidated results:

The company's performance shows a substantial improvement, with revenue increasing by 31.6% year-over-year. More impressively, the profit after tax surged by 384.1%, indicating strong operational efficiency and margin expansion.

Merger Completion

Trejhara Solutions has successfully completed its merger with LP Logistics Plus Chemical SCM Private Limited. This strategic move is expected to strengthen the company's position in the logistics solutions sector. As part of the merger:

• The company issued 89,89,344 equity shares of ₹10 each to the shareholders of LP Logistics Plus Chemical SCM Private Limited.
• The merger's appointed date was set as April 1, 2024, with all assets, liabilities, and rights of the transferor company now vested with Trejhara Solutions.

Preferential Share Issuance

The Board of Directors has approved a capital raise through a preferential allotment:

• Issuance of 6,11,112 equity shares
• Issuance of 79,97,000 warrants convertible into equity shares
• The issue price is set at ₹216 per share/warrant

This move may be aimed at strengthening the company's capital base and potentially funding future growth initiatives.

Business Segment Focus

Post-merger, Trejhara Solutions is positioning itself as a logistics solution provider with a focus on expanding its digital footprint through innovation and analytical capabilities in the logistics sector. The company now reports logistics services as its single reportable segment, which includes other ancillary logistics services.

Outlook

The strong quarterly performance, successful merger completion, and the approved preferential issue indicate that Trejhara Solutions is on a growth trajectory. The company's focus on logistics solutions, coupled with its digital expansion strategy, may position it to capitalize on the demand for efficient supply chain management and logistics services.