Vertex Securities Limited has notified stock exchanges about the transmission of shares from a deceased promoter group member to her legal heir, following regulatory compliance under SEBI listing obligations.

Share Transmission Details

The company received intimation on February 23, 2026, regarding the transmission of shares held by a deceased member of the promoter group. The transmission involves the transfer of equity shares to the legal heir as per succession laws.

Promoter Group Changes

Following this transmission and in accordance with Regulation 31A(6) of the SEBI Listing Regulations, significant changes will occur in the promoter group composition. Late Smt C D Padmini Devi will cease to be part of the promoter group, while Ms. Sheila Satish Divakaran will now become part of the promoter group of the company.

The updated promoter and promoter group shareholding will be reflected in the shareholding pattern for the quarter ended March 31, 2026. This change represents a succession within the existing promoter group structure rather than an external acquisition.

Regulatory Compliance

The company has made this disclosure pursuant to Regulation 30 and 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. However, the disclosure is being made on a voluntary basis since the transmission does not trigger specific disclosure requirements under Regulation 29 of the SEBI (SAST) Regulations, 2011.

The transmission also does not materially impact the shareholding or control of the company under Regulation 30 of the Listing Regulations. The company has confirmed that complete details are available on its official website at www.vertexbroking.com for stakeholder reference.

Transwarranty Finance Limited has completed the allotment of equity shares to its employees under the Employee Stock Option Plan 2019, marking a significant development in the company's employee engagement strategy. The Board of Directors approved this allotment on December 31, 2025, based on recommendations from the Nomination, Remuneration and Compensation Committee.

Share Allotment Details

The company has allotted a total of 6,00,289 equity shares to eligible employees under the terms of the "Transwarranty Employee Stock Option Plan 2019". Each share carries a face value of ₹10.00, representing a substantial employee participation in the company's ownership structure.

Impact on Share Capital

Following this allotment, the company's capital structure has been enhanced significantly. The paid-up capital has increased to ₹55,11,61,940, reflecting the additional equity infusion through the employee stock option exercise.

Regulatory Compliance

The allotment has been conducted in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fulfilled its disclosure obligations by informing both the National Stock Exchange of India Limited and BSE Limited about this corporate action.

The intimation regarding this allotment will be published on the company's website, ensuring transparency and compliance with regulatory requirements. This move demonstrates Transwarranty Finance Limited's commitment to maintaining proper corporate governance standards while providing employees with ownership participation opportunities.