TRF Limited has announced the resignation of its Company Secretary, Compliance Officer and Key Managerial Personnel (KMP), Mr. Prasun Banerjee, effective March 1, 2026. The resignation was submitted due to personal reasons, as communicated through his resignation letter dated March 1, 2026.

Resignation Details

The company has provided comprehensive details regarding the resignation as required under SEBI regulations:

Regulatory Compliance

TRF Limited has made the announcement in compliance with Regulation 30 read with Para A, Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure follows the requirements outlined in SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The company has submitted the necessary documentation to both BSE Limited (Scrip Code: 505854) and National Stock Exchange of India Limited (Symbol: TRF), ensuring full regulatory compliance.

Management Statement

In his resignation letter, Mr. Banerjee expressed gratitude to the Board members for their support during his tenure at the company. He acknowledged his service period from August 3, 2021, and requested the Board to accept his resignation effective March 1, 2026.

The announcement was signed by Umesh Kumar Singh, Managing Director of TRF Limited, and has been made available on the company's website at www.trf.co.in for public access and transparency.

TRF Limited announced its Q3 FY26 quarterly results for the period ended December 31, 2025, demonstrating strong financial performance across key metrics. The Board of Directors approved the unaudited standalone and consolidated financial results at their meeting held on January 29, 2026.

Financial Performance Overview

The company delivered impressive results for Q3 FY26, with standalone net profit reaching ₹1,169.20 lakhs compared to ₹1,040.97 lakhs in the corresponding quarter of the previous year. Revenue from operations for the quarter stood at ₹1,988.89 lakhs, while total income including other income reached ₹2,358.27 lakhs.

Nine Months Performance

For the nine months ended December 31, 2025, TRF Limited reported a net profit of ₹841.29 lakhs on revenue from operations of ₹6,564.66 lakhs. This compares to a net profit of ₹2,074.15 lakhs on revenue of ₹9,362.50 lakhs for the corresponding period in the previous year.

Exceptional Items Impact

The quarterly results were significantly influenced by exceptional items totaling ₹575.47 lakhs (gain). This included adjustments related to capital reduction of ₹575.47 lakhs, primarily arising from TRF Singapore Pte. Ltd.'s scheme of reduction of share capital and repatriation of proceeds to the company.

For the nine months period, total exceptional items amounted to ₹555.48 lakhs, which included:

• Employee separation compensation: ₹1,130.95 lakhs
• Adjustments related to capital reduction: ₹575.47 lakhs (gain)

Segment Performance

TRF Limited operates through two main business segments: Projects & Services and Products & Services. The segment-wise performance for Q3 FY26 showed:

Consolidated Results

On a consolidated basis, TRF Limited reported a net profit of ₹574.03 lakhs for Q3 FY26 compared to ₹1,126.56 lakhs in Q3 FY25. Consolidated revenue from operations stood at ₹1,988.89 lakhs for the quarter. The consolidated results include the performance of subsidiaries TRF Singapore Pte Ltd and TRF Holdings Pte Ltd, both 100% owned and incorporated in Singapore.

Key Financial Highlights

The company maintained a stable capital structure with paid-up equity share capital of ₹1,100.44 lakhs (face value ₹10 per share). Total expenses for Q3 FY26 were ₹1,764.54 lakhs compared to ₹1,607.52 lakhs in the corresponding quarter of the previous year. Employee benefits expense constituted the largest component at ₹1,474.86 lakhs, while finance costs stood at ₹381.93 lakhs for the quarter.