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Other Financial Services
AGM/EGM30 Sept 2026, 01:28 pm

Trinity League AGM approves director re-appointments, ₹10L subsidiary sale

AI Summary

Trinity League India Ltd's 38th Annual General Meeting on September 30, 2026, saw shareholders approve several key matters. These included the re-appointment of Smt. Madhulika Jain as a Non-Executive Non-Independent Director and Mr. Neeraj Jha as an Independent Director for a second five-year term. Significantly, members also approved the sale of the company's entire 50% equity shareholding in its associate company, Agrotech Risk Private Limited, to Smt. Madhulika Jain for an aggregate consideration of ₹10,00,000/- (Rupees Ten Lakh only). This transaction was approved as a material related party transaction. Additionally, the shifting of the Registered Office from Delhi to Uttar Pradesh and the consequential alteration of the Memorandum of Association were approved, pending regulatory clearances.

Key Highlights

  • Shareholders re-appointed Smt. Madhulika Jain as Non-Executive Director.
  • Mr. Neeraj Jha was re-appointed as Independent Director for five years.
  • Approved sale of 50% Agrotech Risk stake for ₹10,00,000.
  • The Agrotech sale is a material related party transaction.
  • Registered office shift from Delhi to Uttar Pradesh was approved.