Transcorp International Limited has updated its Code of Conduct for Prevention of Insider Trading to align with the latest regulatory requirements under SEBI (Prohibition of Insider Trading) Regulations, 2015. The amendment, dated February 4, 2026, was communicated to the Bombay Stock Exchange as part of the company's regulatory compliance obligations.

Regulatory Compliance Update

The amendment incorporates changes to SEBI (Prohibition of Insider Trading) Regulations, 2015, ensuring the company maintains robust mechanisms to prevent misuse of unpublished price sensitive information. The updated code, originally formulated in 2019 and now further amended, establishes comprehensive guidelines for designated persons and their immediate relatives.

Key Framework Components

The code establishes detailed definitions and procedures covering multiple aspects of insider trading prevention. Designated persons include promoters, directors, executive assistants to executive directors, employees up to two levels below whole-time directors, employees in grade C1 and above, and staff in corporate secretarial, insurance, taxation, accounts, IT, and legal departments.

Trading Window and Pre-clearance Requirements

The updated framework mandates specific trading window closures and pre-clearance procedures:

• Board Meeting Periods: Trading window closes 15 days before quarterly/annual financial results meetings
• Pre-clearance Timeline: Applications must be processed within 2 trading days
• Execution Period: Approved transactions must be completed within specified timeframes
• Reporting Requirement: Transaction details must be filed within 2 trading days of execution

Internal Control Mechanisms

The code establishes comprehensive internal controls including Chinese Wall policies, digital databases with time stamping, and whistle-blowing mechanisms. Non-disclosure agreements are mandatory for parties receiving unpublished price sensitive information, while designated persons must annually disclose details of immediate relatives and material financial relationships.

Documentation and Compliance

The Compliance Officer is required to maintain detailed records for a minimum period of five years, including registers of disclosures, designated persons, trading window records, and pre-clearance applications. Violations may result in disciplinary action including wage freeze, suspension, or ineligibility for future employee stock option plans.

Corporate Information

The amendment demonstrates Transcorp International's commitment to maintaining the highest standards of corporate governance and regulatory compliance in line with evolving SEBI requirements.

Transcorp International Limited announced its Q3FY26 quarterly results for the quarter ended December 31, 2025, alongside significant board developments. The forex and remittance company reported mixed financial performance with declining revenue but improved profitability on a year-over-year basis.

Financial Performance Overview

The company's standalone financial results showed revenue pressures but maintained profitability during the quarter. Key financial metrics demonstrated the company's resilience in a challenging operating environment.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the company reported revenue from operations of ₹68,622.96 lakhs compared to ₹1,17,432.16 lakhs in the corresponding period of the previous year. Net profit for the nine-month period stood at ₹289.67 lakhs versus ₹172.90 lakhs in the previous year, showing significant improvement in profitability.

Consolidated Results

On a consolidated basis, the company reported revenue from operations of ₹21,136.05 lakhs for Q3FY26 compared to ₹29,179.38 lakhs in Q3FY25. Consolidated net profit for the quarter was ₹175.07 lakhs against a loss of ₹155.71 lakhs in the corresponding quarter last year.

Board Appointment

The Board of Directors approved the appointment of Mr. Abhinav Bantia as an additional director under the category of Non-Executive Independent Director. The appointment details are as follows:

Mr. Bantia serves as Managing Director of MANU Yantralaya Private Limited and has extensive experience in manufacturing operations and global business expansion. He previously served as Chairman of CII Rajasthan during 2023-24 and is actively involved in industry leadership and startup investments.

Segment Performance

The company operates primarily in foreign exchange and money transfer services, with additional revenue from travel, ticketing and car rental services. The foreign exchange segment generated ₹21,016.58 lakhs in Q3FY26, while travel and ticketing contributed ₹120.99 lakhs during the quarter.

Earnings Per Share

Basic earnings per share for Q3FY26 stood at ₹0.42 compared to ₹0.32 in Q3FY25. For the nine months ended December 31, 2025, basic EPS was ₹0.91 versus ₹0.54 in the corresponding period last year, reflecting improved per-share profitability despite revenue challenges.