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 be conducted exclusively via Video Conferencing or Other Audio-Visual Means (VC/OAVM).

The primary agenda includes the adoption of audited standalone financial statements for FY26 and key board appointments. Shareholders on record as of the cut-off date, September 17, 2026, are eligible to vote. Remote e-voting opens on September 19, 2026, at 9:00 am and closes on September 23, 2026, at 5:00 pm.

Key Meeting Details

Board Appointments and Reappointments

The AGM notice outlines three significant director-related resolutions under ordinary and special business categories.

Reappointment of Manoj Shantilal Savla Mr. Manoj Shantilal Savla (DIN: 01529306), the Managing Director, retires by rotation and has offered himself for reappointment. He is a founding promoter with 37 years of experience in finance, investment, and marketing of petroleum products. He holds 333,929 equity shares in the company.

Appointment of Shail Manoj Savla The board seeks approval to appoint Mr. Shail Manoj Savla (DIN: 08763064) as a Non-Executive Promoter Director. He was initially appointed as an Additional Director on July 7, 2026, subject to RBI approval. A Mechanical Engineer and MBA graduate from the USA, he brings approximately 10 years of experience in project management and strategic planning. He holds 862,465 equity shares.

Appointment of Narayanan Sadanandan The company proposes appointing Mr. Narayanan Sadanandan (DIN: 07263104) as an Independent Director for a five-year term from July 7, 2026, to July 6, 2031. This requires a special resolution. Mr. Sadanandan is a seasoned banking professional with over 40 years of experience, including senior roles at the State Bank of India Group. He will not be liable to retire by rotation.

E-Voting and Attendance Instructions

Shareholders can access the AGM notice and annual report electronically via the company website ( www.trustedgecapital.in ) and BSE India. The company has engaged National Securities Depository Limited (NSDL) for e-voting facilities.

Members holding shares as on the cut-off date may cast votes remotely or during the meeting. Those who have already voted remotely cannot vote again during the AGM but may attend. Institutional investors must submit certified board resolutions to the scrutinizer, CS Aishwarya Parekh, via email to participate through authorized representatives.

Members are advised to update their KYC details, including PAN and email addresses, with their Depository Participants or the Registrar and Share Transfer Agent (Bigshare Services Private Limited) to ensure seamless communication and dividend processing.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE398H01015/2a8a8c68-a511-464c-ae99-8e63d1adc79d.pdf

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.