Bridge Securities Limited reported a significant decline in financial performance for the quarter ended December 31, 2025, with net profit falling 55.22% year-on-year. The company's Board of Directors approved the unaudited financial results during their meeting held on January 24, 2026.

Financial Performance Overview

The company's quarterly performance showed substantial weakness across key metrics compared to the same period last year:

Revenue from operations declined significantly to ₹42.26 lakhs in Q3FY26 from ₹75.23 lakhs in Q3FY25. The company's total expenses increased substantially to ₹9.81 lakhs compared to ₹2.65 lakhs in the corresponding quarter of the previous year, primarily driven by higher other expenses of ₹8.46 lakhs.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, Bridge Securities continued to face challenges with declining profitability:

The nine-month results reflected similar trends with revenue declining 29.28% to ₹135.09 lakhs while expenses increased 23.90% to ₹18.92 lakhs, resulting in compressed profit margins.

Capital Structure and Warrant Conversion

Bridge Securities' paid-up equity share capital increased to ₹3,88,76,000 as of December 31, 2025, from ₹3,36,13,000 in the previous year, reflecting the conversion of warrants during the period. The company allocated 52,63,000 fully paid-up equity shares pursuant to conversion of warrants at ₹5.51 per share on October 10, 2025.

Fund Utilization Update

During Q3FY26, the company received ₹94,99,565 representing 32.76% of the total consideration as the fourth tranche from its preferential issue of convertible warrants. The funds raised totaling ₹2,89,99,130 have been utilized according to the original objects without any deviation:

The company confirmed no deviation in the utilization of funds raised through the preferential issue, with all proceeds deployed as per the stated objectives. Bridge Securities operates primarily in commission from agriculture activities as its single business segment.

Bridge Securities announced a significant corporate development as its Board of Directors approved a proposal to change the company's name from Bridge Securities Limited to Weorg Enterprises Limited. The decision was formally communicated to BSE Limited through an official disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Outcome

The board meeting was conducted at the company's registered office located at 4th Floor B/408, Stellar, Sindhu Bhavan Road Nr Pakwan Cross Road, Bodakdev, Ahmedabad, Gujarat. The meeting commenced at 6:00 PM and concluded at 7:30 PM on Friday, January 16, 2026.

Name Change Details

The board has approved changing the company name from Bridge Securities Limited to Weorg Enterprises Limited. The final name change remains subject to availability and approval from the Ministry of Corporate Affairs or any other competent authority. The company has fulfilled its disclosure obligations by promptly informing BSE Limited about this material development.

Regulatory Compliance

The company has maintained transparency by issuing a formal communication to BSE Limited, signed digitally by Harshad Amrutlal Panchal. This disclosure ensures compliance with SEBI regulations that require listed companies to promptly inform exchanges about events that could have material impact on the company's operations.

Company Profile

Bridge Securities Limited operates under CIN L67120GJ1994PLC023772 and maintains its registered office in Ahmedabad, Gujarat. The company is listed on BSE Limited with security code 530249 and trades under the symbol BRIDGESE. The proposed transformation to Weorg Enterprises Limited indicates a strategic shift in the company's business direction, though specific reasons for the name change were not detailed in the regulatory filing.