Board meeting on 21 July to consider MD elevation and new independent directors

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Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+1.1% vs market

Other Financial Services peers, median of 79sector-0.3%+1.9% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 1.9 pts more than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

The board of Trio Mercantile and Trading will meet on 21 July 2026 to consider changing Mr. Kaushik Jagannath Joshi's designation from Additional Executive Director to Chairman and Managing Director for three years. It will also appoint three new independent directors: Mr. Vikram Navin Vador, Mr. Dhruv Suresh Bhanushali, and Ms. Kiran Ramchandra Shelke, each for a five-year term. All appointments need shareholder approval.

Likely market impact

Board restructuring with MD elevation and three new independent director additions. Subject to shareholder approval. No immediate financial impact.