Trimurthi Limited, a pharmaceutical company based in Hyderabad, has announced significant changes to its board and auditing structure following its 31st Annual General Meeting (AGM) held on September 19, 2025.

New Board Appointments

The shareholders of Trimurthi have approved the appointment of two new directors to the company's board:

1. Mr. Gattu Gnana Prakash has been appointed as a Non-Executive Non-Independent Director. Mr. Prakash, an IIT-Chennai graduate, brings over 25 years of experience in management and information technology to the board.

2. Ms. Mayuri Baidya joins as a Non-Executive Independent Director for a five-year term, effective August 14, 2025. Ms. Baidya, who holds a Post Graduate degree in Commerce from the University of Rajasthan, has extensive experience in accounting and finance.

New Secretarial Auditor

In addition to the board appointments, the shareholders approved the appointment of M/s Khushbu Kanwar & Co. as the company's Secretarial Auditor for a five-year term, from April 1, 2025, to March 31, 2030.

Voting Results

The company reported that all resolutions presented at the AGM were passed with overwhelming majority. Key voting results include:

Other Corporate Actions

The AGM also saw the approval of several other important resolutions:

1. Adoption of financial statements for the year ended March 31, 2025.
2. Re-appointment of Mr. Jivamohan Divakar Valluri as a Non-Executive Director.
3. Approval for increasing the borrowing limit under section 180(1)(c) of the Companies Act 2013.
4. Approval for creation of mortgage or charge on the company's assets under Section 180(1)(a) of the Companies Act, 2013.
5. Authorization to make investments, give loans, guarantees, and provide securities under Section 186 of the Companies Act, 2013.
6. Approval of transactions under Section 185 of the Companies Act, 2013.

These appointments and corporate actions reflect Trimurthi's commitment to strengthening its governance structure and strategic positioning in the pharmaceutical sector. The diverse experience of the new board members is expected to contribute to the company's future growth and development.

Trimurthi , a subsidiary of Hindalco Industries, has released its financial results for the first quarter, revealing a mixed performance with increased sales but decreased profitability.

Financial Highlights

• Net income attributable to common shareholders declined by 36% to $96.00 million
• Net sales increased by 13% to $4.70 billion
• Rolled product shipments grew by 1% to 963 kilotonnes
• Adjusted EBITDA fell by 17% to $416.00 million
• Operating cash flow improved by 42% to $105.00 million

Factors Influencing Performance

The company's financial results were influenced by several factors:

• Higher aluminum prices contributed to increased net sales
• Profitability was negatively impacted by:
  • Restructuring charges
  • Higher aluminum scrap prices
  • Unfavorable product mix
  • Negative tariff impact

Operational and Financial Position

• Capital expenditures totaled $386.00 million, primarily for the new Bay Minette, Alabama plant
• Net leverage ratio stood at 3.2x
• Total liquidity remained strong at $3.00 billion

Market Dynamics

CEO Steve Fisher commented on the market conditions, noting strong demand for beverage packaging while acknowledging headwinds from higher scrap prices.

Hindalco Stock Performance

Hindalco Industries, the parent company of Trimurthi, saw its shares close up 0.48% at ₹676.00 on the Indian stock market.

Tabular Summary

The first quarter results for Trimurthi highlight the challenges faced by the aluminum industry, with increased sales being offset by various market pressures and operational costs. The company's focus on capital expenditure, particularly the investment in the new Alabama plant, suggests a long-term strategy for growth despite current market headwinds.