Trilance Polymers Limited announced its board meeting outcomes held on 13th February 2026, approving unaudited financial results for the quarter and nine months ended 31st December 2025, alongside strategic director appointments and committee reconstitution under SEBI Listing Regulations 30 and 33.

Financial Performance Overview

The company's Q3FY26 financial performance demonstrated steady profitability with all income generated from other sources, reflecting its current business structure.

The company maintained consistent quarterly revenue of ₹13.39 lakhs, with net profit showing improvement from ₹8.74 lakhs in Q3FY25 to ₹8.93 lakhs in Q3FY26. For the nine-month period, net profit increased to ₹19.27 lakhs compared to ₹17.91 lakhs in the corresponding previous period. Employee benefit expenses increased to ₹0.60 lakhs from ₹0.40 lakhs year-on-year, while other expenses decreased significantly to ₹0.73 lakhs from ₹4.25 lakhs.

Strategic Director Appointments

The Board approved three significant directorial appointments effective from 13th February 2026, subject to members' approval in the ensuing General Meeting.

Director Profiles and Expertise

Mr. Molin Parekh brings over one year of experience in polymer and allied chemicals import and trade, with expertise in international sourcing and supply chain coordination. He holds a B.Com degree from Mumbai University and is related to Mrs. Manisha Shah, Director of the Company, being her son-in-law. As a Designated Partner at one of the LLP, he is eager to leverage his expertise and contribute effectively as part of a listed company.

Mr. Abhishek Shashikant Agrawal is a qualified Fellow Chartered Accountant registered with IICA's Independent Directors Databank. He completed his Bachelor of Commerce and LL.B from Mumbai University and currently serves as partner in M/s ARAV & CO., Chartered Accountants with head office in Surat. With over 15 years of finance experience across textile, steel, banking, and aquaculture sectors, he brings substantial expertise to the board.

Mr. Ketan Vyas is a qualified Fellow Company Secretary registered with IICA's Independent Directors Databank, holding an LL.B degree from Rajasthan University. He possesses 9 years of rich experience in corporate governance, compliance, and legal matters, having worked as Company Secretary and Compliance Officer in various companies.

Internal Audit and Committee Restructuring

The Board appointed M/s CVM & Co. LLP Chartered Accountants (FRN: 156346W) as Internal Auditors for the financial year 2025-26. The firm provides comprehensive compliance, auditing, taxation, payroll management, and statutory filing services as a one-stop solution managed by a team of young, dynamic and experienced professionals.

Following the appointment of independent directors, the Board reconstituted all committees effective from 13th February 2026:

Compliance and Governance Framework

The company maintained its paid-up equity share capital at ₹511.00 lakhs with face value of ₹10 per share throughout the reporting periods. All appointments comply with the criteria of independence prescribed under the Companies Act, 2013 and SEBI Listing Regulations. The unaudited financial results were prepared in accordance with Indian Accounting Standards and reviewed by statutory auditors Motilal & Associates LLP.

The board meeting commenced at 4:30 pm and concluded at 7:00 pm, with all decisions approved by the Audit Committee at its meeting held earlier the same day. These strategic appointments and financial results position Trilance Polymers for enhanced governance standards while maintaining steady financial performance.