Trans India House Impex Ltd

Trans India House Impex Limited - Trading Window Closed from October 01, 2026 till 48 hours after the declaration of Un-Audited Standalone and Consolidated Financial Results for the Quarter and Half year ending September 30, 2026

AGM details

• Date and time: 25 Sep 2026 at 2:00 PM IST.
• Mode: VC/OAVM.
• Record date for voting: 18 Sep 2026.

Key resolutions

• Resolution 1: Adoption of standalone and consolidated financial statements; approved.
• Resolution 2: Re-appointment of Mayank Suresh Jolly as Director; approved.
• Resolution 3: Related Party Transactions with Upwise; approved.
• Resolution 4: Related Party Transactions with Trans India Ecofuel; approved.
• Resolution 5: Related Party Transactions with Trans Infra Biz Buildcon LLP; approved.
• Resolution 6: Related Party Transactions with TIHIL IDA Group Private Limited; approved.

Voting results

• Resolution 1: Passed; overwhelming support.
• Resolution 2: Passed; overwhelming support.
• Resolution 3: Passed; overwhelming support.
• Resolution 4: Passed; overwhelming support.
• Resolution 5: Passed; overwhelming support.
• Resolution 6: Passed; overwhelming support.

Dividend

• Dividend proposed or declared: none.

Directors

• Director changes: Mayank Suresh Jolly re-appointed.

Material related party transactions

• Upwise Business Consultants Private Limited: related party transaction approved.
• Trans India Ecofuel Private Limited: related party transaction approved.
• Trans Infra Biz Buildcon LLP: related party transaction approved.
• TIHIL IDA Group Private Limited: related party transaction approved.

AGM Details

• AGM held on 25 September 2026, 02:00–02:30 PM IST via VC/OAVM.
• Notice of AGM dated 13 August 2026 circulated.

Resolutions

• Ordinary Resolution: Adoption of standalone and consolidated financial statements and reports.
• Ordinary Resolution: Re-appointment of Mayank Suresh Jolly as Director.
• Ordinary Resolution: Related Party Transactions with Upwise Business Consultants Private Limited.
• Ordinary Resolution: Related Party Transactions with Trans India Ecofuel Private Limited.
• Ordinary Resolution: Related Party Transactions with Trans Infra Biz Buildconz LLP.
• Ordinary Resolution: Related Party Transactions with TIHIL IDA Group Private Limited.

Voting status

• Voting results and Scrutinizer's Report to be submitted later.

Financial snapshot

• Standalone revenue ₹6,52,528.85k; up from ₹4,53,810.32k.
• Consolidated revenue ₹6,78,466.19k; higher than prior year.
• Stand-alone PAT ₹15,168.65k; prior year ₹10,225.86k.
• Consolidated PAT ₹19,268.52k; prior year ₹10,225.86k.
• Standalone EBITDA ₹39,814.07k; consolidated EBITDA ₹45,499.37k.
• No dividend declared for 2025-26.

Capital structure & raises

• Rights issue: 3,55,26,000 shares; proceeds ₹49,38,11,400.
• Authorized share capital increased to ₹72 Crore; approved May 2025.
• Issued capital at 31-Mar-2026: ₹71.05 Crore (7,105.2 lakh shares).
• Dematerialisation: 99.26% of shares in demat form.

Subsidiaries & strategic moves

• TIHIL IDA Group Private Limited became a subsidiary on 11-Sep-2025; 51% holding.
• Subsidiary turnover ₹451.42 Lakhs; PBT ₹56.00; PAT ₹41.00.
• Plan to launch TIHIL IDA Impex Private Limited for retail under RAVEN brand.

Related party transactions & governance

• Material related party transactions ceiling: ₹50 Crores per transaction.
• Ordinary resolutions required; Audit Committee oversight for RPTs.
• FY2025-26 RPTs include advances, loans, goods/services with TIHIL IDA Group, Upwise, etc.
• Remuneration to directors modest; independent directors continue.

Audit & internal controls

• Statutory auditors: Manoj Acharya & Associates; no adverse qualifications.
• Secretarial audit by Kunal Sharma & Associates; no notable remarks.
• Internal controls deemed adequate; ICFR in place and operating.

Risks & outlook

• Outlook: growth in export-import; requires disciplined cash flow management.
• Tax dispute risk: Rs 60.49 Cr demand for AY 2024-25 under appeal; impact uncertain.
• Retail venture could diversify revenue; requires capital deployment discipline.

Governance & board

• Board of 6 directors; 2 executive; 3 independent; SEBI LODR-compliant.
• Audit, Nomination & Remuneration, Stakeholders, and Rights Issue committees.
• Independent Directors meet; familiarisation programs in place.

AGM details

• AGM date and time: 25 September 2026 at 02:00 PM IST.
• Mode: VC/OAVM; deemed venue at registered office.
• Remote e-voting period: 22-24 September 2026.
• Cut-off date for e-voting eligibility: 18 September 2026.

Key resolutions

• Adoption of Audited standalone and consolidated financial statements for FY2026.
• Re-appointment of Mayank Suresh Jolly as Director (retiring by rotation).
• Related party transactions with Upwise Business Consultants Private Limited up to Rs 50 crore per transaction.
• Related party transactions with Trans India Ecofuel Private Limited up to Rs 50 crore per transaction.
• Related party transactions with Trans Infra Biz Buildcon LLP up to Rs 50 crore per transaction.
• Related party transactions with TIHIL IDA Group Private Limited up to Rs 50 crore per transaction.

Resignation of Independent Director

• Resignation: Aditya Vikrambhai Patel resigns as Independent Director (Non-Executive) of the company.
• Effective from close of business hours on 8 September 2026.
• Reason: other professional commitments.
• There are no other material reasons beyond those stated.
• Resignation letter attached as Annexure-A.
• Other directorships: Sigma Solve Limited, Vinit Mobile Limited, Hilltone Software and Gases Limited.
• Palsun Maritime (India) Limited and DCG Cables & Wires Limited also listed.
• Board recorded the resignation; necessary formalities will be completed.

CEO Resignation Details

• Outgoing CEO: Mr. Ranjeet Madhukarrao Pawar.
• Resignation effective: close of business, 19 August 2026.
• Reason: to pursue alternate career opportunities.
• Resignation type: voluntary.
• Confirmed no other material reasons beyond stated.
• Board will consider the resignation at the upcoming meeting.
• Ceases to be Key Managerial Personnel from close of business 19 August 2026.
• Not holding other directorships or committee roles.