Trustedge Capital Limited has announced a crucial board meeting scheduled for September 2, 2025, where the company will explore various fundraising avenues. The meeting, as disclosed in a regulatory filing, will focus on potential capital-raising strategies through equity shares or convertible securities.

Key Agenda Items

Fundraising Proposals

The board will deliberate on raising funds through multiple channels, including:

• Rights issue
• Preferential issue
• Qualified institutions placement

Rights Issue Committee

The meeting will also address the constitution of a dedicated Rights Issue Committee.

Additional Business Matters

Other business items may be discussed with the Chair's permission.

Trading Window Closure

In compliance with the company's Code of Conduct for the prevention of Insider Trading, Trustedge Capital has announced the closure of the trading window for its securities. Key details include:

Company Background

Trustedge Capital Limited, formerly known as Adinath Exim Resources Limited, is headquartered at Office No. 308, 3rd Floor, Block-B, Navratna Corporate Park, Bodakdev, Ahmedabad – 380058, Gujarat, India.

The upcoming board meeting signifies a potential strategic move for Trustedge Capital as it explores various funding options to support its future growth and operations. Investors and market watchers will be keenly awaiting the outcome of this meeting, which could have significant implications for the company's financial structure and future prospects.

Shareholders and interested parties are advised to monitor official communications from the company for updates following the September 2 board meeting.

Trustedge Capital Limited, formerly known as Adinath Exim Resources Limited, has released its unaudited standalone financial results for the first quarter ending June 30. The company reported a loss after tax of Rs. 23.30 lakh for the quarter, despite a total revenue from operations of Rs. 76.06 lakh.

Financial Highlights

Strategic Moves and Capital Allocation

During the quarter, Trustedge Capital made significant strides in strengthening its financial position and preparing for future growth:

1. Preferential Allotment: The company allotted 6,85,000 equity shares on a preferential basis at an issue price of Rs. 52.00 per share.

2. Fund Utilization: Trustedge Capital utilized Rs. 378.34 lakh from previously raised funds through preferential allotment. This capital was directed towards strengthening the company's capital adequacy and preparing for future business opportunities.

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on August 11. The statutory auditors, M/s Mahendra N. Shah & Co., conducted a limited review of the financial results in compliance with SEBI Listing Regulations.

Employee Stock Option Scheme

Trustedge Capital has adopted the 'Trustedge Employee Stock Option Scheme 2025' (TEDGE ESOS 2025). This scheme, approved by the company's members, is in accordance with SEBI regulations. The company received in-principle approval from BSE on July 23, and grant letters were issued to eligible employees on July 24.

Operational Updates

1. Registered Office Relocation: Effective July 4, the company's registered office has been shifted to 'Office No. 308, 3rd Floor, Block-B, Navratna Corporate Park, Bodakdev, Ahmedabad- 380058', remaining within the local limits of Ahmedabad city.

2. Non-Banking Financial Company Status: Trustedge Capital continues to operate as a Non-Banking Financial Company, focusing solely on finance-related activities.

The company's strategic moves, including the preferential allotment and the adoption of an employee stock option scheme, indicate a focus on strengthening its capital base and aligning employee interests with company growth. However, the reported loss for the quarter suggests that Trustedge Capital may be in a phase of investment and expansion.