Date: May 21, 2026

Board Meeting Outcomes

The Board of Directors at its meeting held on May 21, 2026 transacted the following businesses:

  • Approved the Audited Standalone and Consolidated Financial Results of the Company for quarter and financial year ended March 31, 2026
  • Approved "Trejhara Solutions Limited - Employees Stock Purchase Scheme, 2026" in accordance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021

The Board meeting commenced at 11:45 AM and concluded at 3:40 PM.

Financial Results (Consolidated)

Quarter Ended March 31, 2026 (Audited)

  • Total Income: ₹4,502.45 lakhs
  • Revenue from Operations: ₹4,186.75 lakhs
  • Other Income: ₹315.70 lakhs
  • Total Expenses: ₹4,183.01 lakhs
  • Profit before Tax: ₹319.44 lakhs
  • Profit after Tax: ₹321.97 lakhs
  • Total Comprehensive Income: ₹435.11 lakhs
  • EPS: ₹1.35

Year Ended March 31, 2026 (Audited)

  • Total Income: ₹15,085.76 lakhs
  • Revenue from Operations: ₹14,248.86 lakhs
  • Other Income: ₹836.90 lakhs
  • Total Expenses: ₹13,954.47 lakhs
  • Profit before Tax: ₹1,063.32 lakhs
  • Profit after Tax: ₹867.07 lakhs
  • Total Comprehensive Income: ₹1,128.02 lakhs
  • EPS: ₹3.68

Key Financial Position (Consolidated as at March 31, 2026)

  • Paid-up Equity Share Capital: ₹2,411.67 lakhs
  • Other Equity: ₹27,343.27 lakhs
  • Total Assets: ₹39,581.85 lakhs
  • Total Equity: ₹29,769.45 lakhs
  • Current Liabilities: ₹9,563.15 lakhs

Financial Results (Standalone)

Quarter Ended March 31, 2026 (Audited)

  • Total Income: ₹3,159.52 lakhs
  • Revenue from Operations: ₹2,793.63 lakhs
  • Other Income: ₹365.89 lakhs
  • Total Expenses: ₹2,784.20 lakhs
  • Profit before Tax: ₹925.32 lakhs
  • Profit after Tax: ₹930.54 lakhs
  • Total Comprehensive Income: ₹923.75 lakhs

Year Ended March 31, 2026 (Audited)

  • Total Income: ₹12,603.29 lakhs
  • Revenue from Operations: ₹11,654.47 lakhs
  • Other Income: ₹948.82 lakhs
  • Total Expenses: ₹11,557.48 lakhs
  • Profit before Tax: ₹1,655.84 lakhs
  • Profit after Tax: ₹1,502.09 lakhs
  • Total Comprehensive Income: ₹1,506.30 lakhs

Key Financial Position (Standalone as at March 31, 2026)

  • Paid-up Equity Share Capital: ₹2,411.67 lakhs
  • Other Equity: ₹28,411.17 lakhs
  • Total Assets: ₹36,659.09 lakhs
  • Total Equity: ₹30,822.84 lakhs
  • Current Liabilities: ₹5,587.00 lakhs

Consolidated Financial Results

  • Auditor: M/s. Chokshi & Chokshi LLP
  • Opinion: Unmodified opinion
  • Material Uncertainty: Regarding going concern status of subsidiary Auroscient Outsourcing Limited whose liabilities exceeded total assets by ₹5,876.69 lakhs as at March 31, 2026
  • The consolidated financial results include:
  • 2 subsidiaries audited by their auditors with total assets of ₹5,912.42 lakhs
  • 3 subsidiaries with unaudited financial statements with total assets of ₹5,182.58 lakhs

Standalone Financial Results

  • Auditor: M/s. Chokshi & Chokshi LLP
  • Opinion: Unmodified opinion

Employees Stock Purchase Scheme

  • Scheme: "Trejhara Solutions Limited - Employees Stock Purchase Scheme, 2026"
  • Approval: Recommended by Nomination and Remuneration Committee, approved by Board
  • Implementation: Subject to shareholder and stock exchange approvals
  • Shares: Up to 10,00,000 equity shares of face value ₹10 each
  • Pricing: Not less than face value, not exceeding market price on offer date
  • Route: Implementation through trust route with fresh equity shares issued to trust

Other Operational Disclosures

Subsidiary Updates

  • Auroscient Outsourcing Limited: Liabilities exceeded total assets by ₹5,876.69 lakhs, material uncertainty regarding going concern
  • LP Logistics Plus LLC: Acquired 100% equity shares for USD 12.5 million, became wholly owned subsidiary from March 23, 2026
  • GS Marketing Associates Private Limited: Incorporated on January 21, 2026, Company holds 60% equity stake

Capital Activities

  • Authorized Share Capital: Increased from ₹2,500 lakhs to ₹3,500 lakhs (approved November 5, 2025)
  • Equity Allotment: 6,11,112 equity shares at ₹216 per share (aggregate ₹1,320.00 lakhs) on February 10, 2026
  • Warrant Allotment: 68,97,000 convertible share warrants at ₹216 per warrant (25% upfront ₹3,724.38 lakhs received)

Investments and Acquisitions

  • Investment in GS Marketing: ₹2,850.00 lakhs in 28,50,000 preference shares
  • Business Acquisition: GS Marketing Associates Private Limited acquired business of GS Marketing Associates for ₹2,820.00 lakhs

Exceptional Items

  • Q3 FY2025-26: Recognized ₹37.97 lakhs additional cost due to New Labour Codes implementation
  • FY2025-26: Reversed impairment provision of ₹648.00 lakhs on recovery of OCD investments

Foreign Exchange

  • Consolidated: Foreign exchange gain of ₹297.28 lakhs (quarter) and ₹728.04 lakhs (year)
  • Standalone: Foreign exchange gain of ₹315.43 lakhs (quarter) and ₹750.55 lakhs (year)

Segment Information

  • Single reportable segment: Logistics services
  • Includes ancillary logistics and exhibition services

Corporate Actions

Scheme of Amalgamation

  • Merger with LP Logistics Plus Chemical SCM Private Limited approved by NCLT Mumbai Bench on October 14, 2025
  • Previous period figures restated for comparability

Trading Window

  • Trading window to open 48 hours after results declaration