Hexa Tradex Ltd. Extends Key Governance Roles

Hexa Tradex Ltd. has moved to ensure governance continuity by approving a second 5-year term for Independent Director Dr. Vinita Jha and appointing M/s Lodha & Co. as Statutory Auditors for a similar period. These appointments will support financial oversight for the company's operations in share/commodity trading and solar power generation.

Key Decisions Made

The Board of Directors of Hexa Tradex Ltd. met on May 11, 2026, to pass critical resolutions.

Dr. Vinita Jha, an Independent Director, has been re-appointed for a second 5-year term, effective June 25, 2026.

Additionally, M/s Lodha & Co., Chartered Accountants, has been appointed as the company's Statutory Auditors for a 5-year tenure.

Both appointments are subject to shareholder approval at the upcoming Annual General Meeting (AGM).

Impact of Decisions

Re-appointing Dr. Jha, an experienced Independent Director, signals the company's commitment to stable corporate governance.

Choosing M/s Lodha & Co., a respected accounting firm, as auditors aims to strengthen confidence in the company's financial reporting.

This ensures continuity in vital oversight roles, supporting stakeholder trust as Hexa Tradex operates across trading and renewable energy sectors.

Company Background

Hexa Tradex Ltd. has been involved in the trading of shares and commodities. The company has also been expanding its footprint into the renewable energy sector, specifically solar power generation, through its subsidiaries.

M/s Lodha & Co. is a well-regarded accounting firm that serves numerous listed companies.

Next Steps for Shareholders

Shareholders will vote on the re-appointment of Dr. Vinita Jha and the appointment of M/s Lodha & Co. at the next AGM.

If approved, Dr. Jha will continue to provide independent oversight for another 5 years.

This appointment also establishes a long-term audit relationship, potentially leading to a deeper understanding of the company's financial operations.

The key risk is that shareholders may not approve these appointments, which are contingent on their vote.

Appointment Details

• The re-appointment of Dr. Vinita Jha as Independent Director is for a term of 5 years, commencing on June 25, 2026.
• M/s Lodha & Co. will serve as Statutory Auditors for a period of 5 years, concluding at the 20th AGM (expected on or before September 30, 2031).

Looking Ahead

Shareholder sentiment and voting outcomes at the upcoming Annual General Meeting.

The formal commencement of Dr. Vinita Jha's second term on June 25, 2026, if approved.

Confirmation of M/s Lodha & Co.'s formal appointment post-shareholder approval.

Subsequent financial reports and audits conducted by M/s Lodha & Co. over the next five years.