Trustedge Capital Limited has scheduled its 32nd Annual General Meeting (AGM) for Thursday, September 24, 2026. The meeting will commence at 11:00 am and will be conducted exclusively through Video Conferencing or Other Audio-Visual Means (VC/OAVM), adhering to the provisions of the Companies Act, 2013, and relevant SEBI and MCA regulations.

The company previously operated under the name Adinath Exim Resources Limited. The AGM notice and the Annual Report for the financial year 2025-26 will be dispatched electronically to members who have registered their email addresses with the company, its Registrar and Share Transfer Agent (RTA), or depositories. Members without registered email addresses will receive a physical letter containing a web link to access the documents.

Key Meeting Details

Shareholders can access the AGM notice and annual report on the company’s website at www.trustedgecapital.in and on the BSE India website. The company is providing remote e-voting facilities for all resolutions set out in the AGM notice. Additionally, voting will be available during the meeting via an e-voting system for attendees present through VC/OAVM.

Members are advised to update their contact details, including email addresses, bank account information for dividend payments, and Permanent Account Number (PAN) details. Those holding shares in demat mode should coordinate with their Depository Participants, while physical shareholders may submit Form ISR-1 to the RTA or the company’s compliance officer.

Trustedge Capital reported a net profit of ₹45.32 lakhs for the quarter ended June 30, 2026, marking a significant turnaround from the net loss of ₹15.93 lakhs recorded in the corresponding period of FY26. The Ahmedabad-based non-banking financial company (NBFC) saw its revenue from operations surge 248% year-on-year to ₹271.80 lakhs, reflecting robust expansion in core lending activities and fee-based services. This performance underscores the effectiveness of its post-rights issue capital deployment strategy.

The Board of Directors approved the unaudited financial results on July 29, 2026, following a review by the Audit Committee. The statutory auditors, M/s Mahendra N. Shah & Co., issued a limited review report on the quarterly figures. The results were submitted to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, and published in newspapers as per Regulation 47.

Financial Performance

Interest income, the primary revenue driver, increased substantially to ₹241.47 lakhs from ₹55.84 lakhs in the previous year’s quarter. Fee and commission income also doubled to ₹21.47 lakhs from ₹11.50 lakhs. Total income stood at ₹279.14 lakhs, compared to ₹78.06 lakhs in Q1FY26.

Expenses rose to ₹213.80 lakhs from ₹98.75 lakhs, largely due to an increase in employee benefits expense to ₹167.55 lakhs from ₹78.14 lakhs. Finance costs were ₹29.31 lakhs, up from nil in the prior year quarter. Despite the expense increase, the company achieved a profit before tax of ₹65.34 lakhs.

What the Numbers Show

The significant surge in employee benefits expense, which now constitutes over 78% of total expenses, suggests a scaling of operational capacity or staffing levels. This cost structure shift contrasts with the relatively stable depreciation and amortization charges. The turnaround in profitability is primarily driven by top-line growth outpacing the rise in operating costs, with interest income contributing nearly 89% of total revenue from operations.

Key Metrics

Earnings per share (basic) stood at ₹0.49, compared to a loss of ₹0.29 per share in the corresponding quarter of FY26. Diluted EPS was ₹0.47. The company’s paid-up equity share capital remains at ₹922.80 lakhs. Other comprehensive income for the quarter was ₹31.22 lakhs, leading to a total comprehensive income of ₹76.54 lakhs.

Corporate Actions

During the previous fiscal year, Trustedge Capital allotted 33,74,428 equity shares via a rights issue at ₹80 per share, raising ₹2,699.54 lakhs. This has resulted in the restatement of comparative earnings per share figures. Additionally, the Nomination and Remuneration Committee approved the grant of 24,967 stock options under the "TEDGE ESOS 2025" scheme in May 2026.