Meeting Details

The 49th Annual General Meeting was held on Saturday, September 05, 2026 at 11:00 a.m. (IST) through Video Conferencing/Other Audio Visual Means.

Attendance

Directors and Key Managerial Personnel Present:

  • Ms. Sejal Mahendrakumar Jain, Chairperson and Independent Director (also Chairperson of Audit Committee and Stakeholders' Relationship Committee)
  • Independent, Non-Executive Director (Chairman of Nomination and Remuneration Committee)
  • Non-Independent, Non-Executive Director
  • Whole-time Director
  • Chief Financial Officer
  • Company Secretary & Compliance Officer

Other Representatives Present:

  • M/s. Mathur & Co., Statutory Auditors
  • M/s. Pravesh Palod & Associates, Practicing Company Secretary (Secretarial Auditor and Scrutinizer)

Member Attendance:

  • Promoter and Promoter Group: 02 members
  • Public: 62 members
  • Total: 64 members

Voting Process

Remote e-voting period commenced on Tuesday, September 01, 2026 at 9:00 a.m. (IST) and ended on Friday, September 04, 2026 at 5:00 p.m. (IST). E-voting facility remained open for an additional 15 minutes after conclusion of the AGM. Mr. Pravesh Palod was appointed as Scrutinizer for the voting process.

Business Transacted

Ordinary Business:

1. Adoption of Audited Financial Statements for FY ended March 31, 2026, Board's Report and Auditors' Report (Ordinary Resolution)

2. Re-appointment of Mr. Mahesh Suresh Rananavre (DIN: 08296631) who retires by rotation (Ordinary Resolution)

Special Business:

3. Approval for Material Related Party Transaction(s) between the Company and Crest Ventures Limited (Ordinary Resolution)

Chairperson's Address Key Points

Strategic Transition: FY 2025–26 was an important transition year with strategic focus on repositioning Transchem Limited and establishing presence in financial services sector.

Corporate Changes:

  • Memorandum of Association amended to enable financial services business activities
  • Authorized share capital increased from ₹30 crores to ₹75 crores
  • Received in-principal approval from BSE Limited on May 21, 2026 for warrant issuance
  • Issued warrants at issue price of ₹75 per warrant with 25% upfront payment (₹18.75 per warrant)

Acquisition Milestone: Successfully acquired Greshma Shares & Stocks Limited, a SEBI-registered company engaged in stock broking and financial services, after receiving requisite approvals and no-objection certificates. This provides an established operating platform and regulatory infrastructure.

Financial Performance FY 2025–26:

  • Revenue from operations: Nil (compared to ₹263.04 lakhs in previous year) due to winding down of trading operations
  • Other income: ₹926.08 lakhs (compared to ₹853.25 lakhs in previous year)
  • Other income primarily comprised interest income on inter-corporate deposits and gains from sale of shares and immovable property
  • Profit Before Tax: ₹560.79 lakhs
  • Profit After Tax: ₹429.51 lakhs
  • Total assets: Approximately ₹87.73 crores
  • Total equity: Approximately ₹83.58 crores
  • No borrowings at year-end

Future Focus: Emphasis on technology, robust compliance systems, effective risk management, strong governance and disciplined execution. Immediate priority is successful integration and growth of Greshma business while selectively evaluating expansion opportunities.

Internal Controls: No material weaknesses in internal financial controls identified by Statutory Auditors during the year.

Additional Information

  • Notice of 49th AGM dated May 05, 2026 was sent electronically to members on July 17, 2026
  • Facility for re-lodgement of eligible physical share transfer requests available from February 5, 2026 to February 4, 2027
  • Meeting concluded at 11:35 a.m.
  • Voting results to be declared within 2 working days from AGM conclusion