Trustedge Capital Reports Loss in H1 FY2026, Completes Rights Issue

1 min read     Updated on 31 Oct 2025, 03:24 PM
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Jubin VergheseScanX News Team
Overview

Trustedge Capital Limited reported a loss before tax of Rs 31.24 lakhs for H1 FY2025-26. The company successfully completed a rights issue, raising Rs 1,619.73 lakhs by issuing 33,74,428 equity shares at Rs 48 per share. This increased the paid-up equity share capital from Rs 496.86 lakhs to Rs 834.60 lakhs. As of September 30, 2025, the company's total assets stood at Rs 2,832.26 lakhs, including Rs 2,418.89 lakhs in loans and Rs 288.59 lakhs in investments. The unaudited financial results were approved by the Board of Directors on October 31, 2025, after review by the Audit Committee and statutory auditors.

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*this image is generated using AI for illustrative purposes only.

Trustedge Capital Limited, formerly known as Adinath Exim Resources Limited, has released its unaudited standalone financial results for the quarter and half year ended September 30, 2025. The company reported a loss before tax of Rs 31.24 lakhs for the first half of the fiscal year 2025-26.

Financial Highlights

The company's financial position as of September 30, 2025, is summarized in the following table:

Particulars Amount (Rs in Lakhs)
Cash and cash equivalents 71.84
Loans 2,418.89
Investments 288.59
Total Assets 2,832.26

Rights Issue and Capital Structure

Trustedge Capital successfully completed a rights issue, which has significantly impacted its capital structure:

  • The company issued 33,74,428 equity shares at Rs 48 per share.
  • This rights issue raised Rs 1,619.73 lakhs for the company.
  • As a result, the paid-up equity share capital increased from Rs 496.86 lakhs to Rs 834.60 lakhs.

Board Approval and Audit Review

The unaudited financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at a meeting held on October 31, 2025. The statutory auditors, M/s Mahendra N. Shah & Co. Chartered Accountants, conducted a limited review of these results.

Regulatory Compliance

In compliance with SEBI regulations, Trustedge Capital has made these financial results available on the BSE website ( www.bseindia.com ) and the company's official website ( www.trustedgecapital.in ).

The company continues to navigate the financial landscape, focusing on its core operations while adapting to market conditions. Investors and stakeholders are advised to review the detailed financial statements for a comprehensive understanding of Trustedge Capital's performance and position in the market.

Historical Stock Returns for Trustedge Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+1.98%+6.02%-13.53%+95.66%+331.19%+1,855.00%
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Trustedge Capital Promoters Boost Stake to 75% via Rights Issue

1 min read     Updated on 23 Oct 2025, 09:28 AM
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Reviewed by
Jubin VergheseScanX News Team
Overview

Trustedge Capital Limited's promoter group increased its stake from 71.99% to 74.99% through a rights issue on October 20, 2025. The group acquired 2,706,188 shares, expanding the company's equity share capital from ₹5.85 crore to ₹9.23 crore. Total outstanding shares increased from 58.53 lakh to 92.28 lakh. Top acquisitions include Avani Savla (430,008 shares), Shanil Paras Savla (341,416 shares), and Shail Manoj Savla (337,278 shares).

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*this image is generated using AI for illustrative purposes only.

Trustedge Capital Limited , formerly known as Adinath Exim Resources Limited, has seen a significant change in its shareholding structure following a rights issue on October 20, 2025. The promoter group, led by Manoj Shantilal Savla, has increased its collective stake in the company from 71.99% to 74.99% of the total voting capital.

Key Highlights of the Rights Issue

  • Shareholding Increase: The promoter group's stake rose by 3 percentage points, from 71.99% to 74.99%.
  • Share Acquisition: A total of 2,706,188 shares were acquired by 13 members of the promoter group.
  • Equity Expansion: The company's equity share capital grew from ₹5.85 crore to ₹9.23 crore.
  • Total Shares: The number of outstanding shares increased from 58.53 lakh to 92.28 lakh.

Detailed Breakdown of Acquisitions

The rights issue saw varying levels of participation from different members of the promoter group. Here's a table showcasing the top acquisitions:

Promoter Group Member Shares Acquired Post-Acquisition Holding % of Total Voting Capital
Avani Savla 430,008 1,099,586 11.92%
Shanil Paras Savla 341,416 873,046 9.46%
Shail Manoj Savla 337,278 862,465 9.35%
Shantilal Savla Family Trust 325,598 832,598 9.02%
Shantilal Savla 229,524 586,924 6.36%

Impact on Company Structure

The rights issue has led to a significant expansion of Trustedge Capital's equity base. The total number of shares increased by approximately 57.7%, from 58.53 lakh to 92.28 lakh. This expansion has been accompanied by a proportional increase in the company's equity share capital, which grew from ₹5.85 crore to ₹9.23 crore.

Market Implications

While the promoter group has strengthened its control over the company, the rights issue also represents an opportunity for the company to raise additional capital. This could potentially be used for various corporate purposes, such as expansion, debt reduction, or investment in new initiatives.

It's important to note that this corporate action has been duly reported to the relevant authorities, including the Securities and Exchange Board of India (SEBI), in compliance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Historical Stock Returns for Trustedge Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+1.98%+6.02%-13.53%+95.66%+331.19%+1,855.00%
Trustedge Capital
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