Bridge Securities FY26 Net Profit Rises 22% to ₹155 Lakh

Annual General Meeting Details

Date: Monday, 21st September, 2026
Time: 03:00 P.M. IST
Mode: Video Conferencing (VC) and/or Other Audio-Visual Means (OAVM)
Record Date: Friday, 11th September, 2026
Register of Members Closure: Monday, 14th September to Monday, 21st September, 2026 (both days inclusive)

Business to be Transacted

Ordinary Business:

1. Adoption of audited financial statements for FY ended 31st March, 2026

2. Re-appointment of Mr. Harshad Amrutlal Panchal (DIN: 03274760) as Director retiring by rotation

Special Business:

3. Alteration of Memorandum of Association by deleting clauses 1-4 from main objects clause relating to lending and financing business

4. Change of company name from "Bridge Securities Limited" to "Weorg Enterprises Limited"

5. Regularization of appointment of Mr. Sanketkumar Dave (DIN: 02903456) as Non-Executive & Independent Director

Financial Performance (FY 2025-26 vs FY 2024-25)

| Revenue from Operations | 215.10 | 191.04 | +12.6% |

| Other Income | 33.05 | 6.66 | +396.2% |

| Total Revenue | 248.16 | 197.69 | +25.5% |

| Total Expenses | 37.54 | 21.35 | +75.8% |

| Profit Before Tax | 210.62 | 176.34 | +19.4% |

| Current Tax | 55.75 | 48.73 | +14.4% |

| Deferred Tax | (0.20) | 0.18 | - |

| Net Profit | 155.07 | 127.43 | +21.7% |

| EPS (Basic & Diluted) | 0.40 | 0.38 | +5.3% |

Capital Structure

Authorized Share Capital: ₹11,00,00,000 (11 crore equity shares of ₹1 each)
Paid-up Share Capital: ₹3,88,76,000 (3.89 crore equity shares of ₹1 each)
Shareholding Pattern (as on 31st March, 2026):
Harshad Amrutlal Panchal: 43,17,396 shares (11.11%)
Keyventure Enterprises Private Limited: 57,03,341 shares (14.67%)

Material Events During FY 2025-26

Preferential Allotment:

The company allotted 52,63,000 fully paid-up equity shares of ₹1 each at ₹5.51 per share (including premium of ₹4.51)
Shares were issued upon conversion of convertible warrants originally issued to non-promoter category
Consideration received in multiple tranches on 22nd September, 2025 (2nd tranche) and 29th September, 2025 (3rd tranche)
Allotment completed on 10th October, 2025

Change in Registered Office:

Changed from "2/Udit Apartment, Nr. Tulip Bunglow, Nr. Sur Dhara Circle, Thaltej Road, B/H Driven Cinema, Tulip Bunglow Thaltej, Ahmedabad" to "4th Floor, B/408, Stellar, Sindhu Bhavan Road, Nr. Pakwan Cross Road, Bodakdev, Ahmedabad"
Effective from 27th October, 2025
Within same city limits (Ahmedabad)

Name Change Rationale

The company obtained a certificate from M/s. Mitali Modi & Co., Chartered Accountants confirming compliance with Regulation 45 of SEBI LODR
100% of total revenue in preceding one-year period generated from "Commission from Agricultural Products" activity (₹164.58 lakhs)
No revenue from previous "Security Trading & Brokerage" activity
Proposed new name "Weorg Enterprises Limited" reflects current business activities

Board and Committee Composition

Directors as on 27th August, 2026:

1. Mr. Harshad Amrutlal Panchal - Managing Director (DIN: 03274760)

2. Mr. Sanketkumar Dave - Independent Director (DIN: 02903456)

3. Ms. Urvi Snehal Shah - Independent Director (DIN: 10329378)

4. Mr. Ashvinkumar Babulal Thakkar - Independent Director (DIN: 10330482)

Key Managerial Personnel:

Mr. Ashish Kailashnath Sharda - Company Secretary
Position of CFO remained vacant for period exceeding six months during the year

Committees:

Audit Committee: Ms. Urvi Rajnikant Shah (Chairperson), Mr. Sanketkumar Dave, Mr. Harshad Amrutlal Panchal
Nomination and Remuneration Committee: Mr. Sanketkumar Dave (Chairperson), Ms. Urvi Rajnikant Shah, Mr. Ashvinkumar Babulal Thakkar
Stakeholders' Relationship Committee: Mr. Ashvinkumar Babulal Thakkar, Ms. Urvi Rajnikant Shah (Chairperson), Mr. Sanketkumar Dave

Auditor Appointments

Statutory Auditors: M/s. Mitali Modi & Co., Chartered Accountants (FRN: 133096W) - appointed for 5 years until conclusion of 33rd AGM in 2028
Secretarial Auditor: M/s. Jitendra Parmar & Associates, Company Secretaries (FRN: S2023GJ903900)
Internal Auditor: Mr. Bhumik Shah & Co., Chartered Accountant (FRN: 137162W)

Key Financial Ratios

| Ratio | FY 2025-26 | FY 2024-25 | Change |

| Current Ratio | 8.52 | 2.50 | +241.52% |

| Return on Equity Ratio | 0.46 | 0.65 | -29.99% |

| Trade Receivables Turnover Ratio | 2.35 | 32.23 | -92.70% |

| Net Profit Ratio | 0.72 | 0.67 | +8.08% |

Dividend and Reserves

No dividend recommended for FY 2025-26 (Previous year: Nil)
Profit transferred to profit and loss account under Reserves and Surplus
Reserves & Surplus: ₹278.44 lakhs (Previous year: negative ₹113.99 lakhs)
Securities Premium: ₹237.36 lakhs
General Reserve: ₹12.96 lakhs
Retained Earnings: ₹24.74 lakhs

Related Party Transactions

Remuneration paid: Mr. Harshad Panchal (₹12 lakhs), Mr. Ashish Sharda (₹1.80 lakhs)
Loan taken from Mr. Harshad Panchal: ₹5.67 lakhs outstanding
Loans given to related parties: Benchmark Entertainment Pvt Ltd (₹19.50 lakhs), Hemil Finstock Pvt Ltd (₹29.00 lakhs)

Compliance Status

Secretarial Audit Report noted one adverse remark: CFO position vacant for more than six months
Company responded that delay was due to difficulty in identifying suitable candidate
No other significant material orders passed by regulators/courts
No fraud reported by auditors under Section 143(12) of Companies Act, 2013

Other Disclosures

Share Transfer Agent: MUFG Intime India Private Limited, Mumbai
Dematerialization Status: ISIN INE958C01025; shares under compulsory demat form
ESOP: No ESOP schemes exist
Corporate Social Responsibility: Not applicable as company doesn't meet criteria limits
Deposits: No deposits accepted or renewed during the year

Voting Arrangements

Remote e-voting period: 18th September (9:00 AM) to 20th September, 2026 (5:00 PM)
E-voting through NSDL platform
Physical attendance dispensed with due to VC/OAVM meeting
Scrutinizer: Mr. Jitendra Parmar, Company Secretary