Annual Report for the FY 2025-26

VERTEX SECURITIES LIMITED Regd Office : Thottathil Towers, II Floor Market Road,Ernakulam, Kochi - 682018, Telephone : 0484 - 2384848 Website : www.vertexbroking.com E-Mail : compliance@vertexbroking.com CIN - L67120KL1993PLC007349 September 03, 2026 Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip Code: 531950 Dear Sir/Madam, Subject: Annual Report of Vertex Securities Limited (“the Company”) for the Financial Year 2025-26 along with the Notice convening the 33rd Annual General Meeting (“AGM”) Ref: Submission of information pursuant to Regulation 30 and 34 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) This is to inform you that the 33rd AGM of the Company will be held on Tuesday, September 29, 2026 at 4:00 p.m. IST, through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”), in accordance with the applicable provisions of the Companies Act, 2013 and SEBI Listing Regulations and circulars issued by SEBI and MCA, time to time. Pursuant to Regulation 34(1) of the SEBI Listing Regulations, as amended, please find enclosed herewith the Annual Report of the Company for Financial Year 2025-26 along with the Notice of the 33rd AGM. The said Annual Report is being sent through electronic mode to the Members whose email addresses are registered with the Company / MUFG Intime India Private Limited - Registrar and Transfer Agent / National Securities Depository Limited and/or Central Depository Services (India) Limited. In addition, pursuant to Regulation 36(1)(b) of the SEBI Listing Regulations, a letter is also being sent to the Members whose email addresses are not registered, stating the web-link where the Annual Report is uploaded on website. The Annual Report for the FY 2025-26 and Notice of the AGM are also made available on the website of the Company i.e. www.vertexbroking.com. Kindly take the same on record. Thanking You, Yours faithfully, For Vertex Securities Limited Venkitesh Iyer Company Secretary & Compliance Officer ACS: A77011 Encl: a/a ANNUAL REPORT 2025-26 Board of Directors Mr. Kumar Nair Mr. Nair is the Chairman of the Company. He is B.Sc., F.C.A. & OPM (Harvard Business School). He is also the Managing Director of Transwarranty Finance Limited and has over three decades of experience in Financial Services, Capital Market and Investment Banking. He was a key member of the core senior management team in Kotak Mahindra Finance Limited Mr. Ramachandran Unnikrishnan Mr. Unnikrishnan is the Managing Director & CEO of the Company. He is B.Com, FCA and has close to 3 decades of experience in Audit, Accounting, Capital Market and Investment Banking. He is also the Director and CFO of our Promoter Company, Transwarranty Finance Limited. Mr. George Joseph Mampillil Mr. Mampillil is the Non Executive Non Independent Director of the Company. He is a B.Sc. Graduate in Physics. He was the earlier the Executive Director and Chief Financial Officer of our Company and a Director of our subsidiary Company, Vertex Commodities And Finpro Pvt. Ltd. from 2004 to 2007. Thereafter, he worked as Chief Executive Officer, of Acumen Group, Cochin based Financial Services Company from October 2007 to December 2016. He has rich experience of around 25 years in the financial markets. Mr. George Abraham Vithayathil Mr. George Abraham Vithayathil, Independent Director holds a Bachelors Degree in Science with specialisation in Chemistry and Physics and has an experience of over four decades in the domain of Labour Laws, International Business, Journalism and Public Relations. He has served as an officer of Custom Services at Air India at Mumbai International Airport for more than 32 years. Mr. Mathews Varghese Mr. Mathews Varghese, Independent Director is a veteran in the field of Hotels and Hospitality and has an experience of over a decade and specialises in Operations Management and Executive Leadership with a proven track record of defining enterprise goals and workflows to ensure operational excellence. Ms. Meera Haridas Ms. Meera Haridas is an Executive Director & CFO of the Company. She is a senior corporate leader with over 25 years of experience across banking, financial services, healthcare, natural resources, and manufacturing. Ms. Haridas has extensive expertise in Business Strategy, Marketing & Business Development function in Banking & Financial Services sector. She is a certified Independent Director, a published author and an active mentor and speaker on 5industry forums. Mr. Krishnaswamy Anand Mr. Anand, Independent Director is a law graduate. He is an Advocate by profession and has over four decades of experience and his area of practice includes Constitution, Direct and Indirect Taxation, Arbitration, Contracts, Labor Laws, Banking Laws, Civil Disputes and Corporate Laws. He mainly deals with corporate entities and is legal advisor to many major State, Central and other multi-national companies. Mr. George P Mathew Mr. George P Mathew, Independent Director is FCMA, ACS and MBA in Finance from IIM (Kozhikode) and possess over 28 years of experience in Corporate Finance, Accounts, Forex Hedging, Costing and Secretarial Functions. He was previously the Chief Financial Officer and Company Secretary at AVT McCormick Ingredients Private Limited. ANNUAL REPORT 2025-26 CORPORATE INFORMATION BOARD OF DIRECTORS Mr. Kumar Nair Chairman Mr. Ramachandran Unnikrishnan Managing Director and CEO Mr. George Joseph Mampillil Non Executive Non Independent Director Ms. Meera Haridas Executive Director and CFO Mr. George Abraham Vithayathil Independent Director Mr. Mathews Varghese Independent Director Mr. Krishnaswamy Anand Independent Director Mr. George P Mathew Independent Director KEY MANAGERIAL PERSONNEL Mr. Ramachandran Unnikrishnan Managing Director and CEO Ms. Meera Haridas Executive Director and CFO Mr. Venkitesh Iyer Company Secretary (CS) & Compliance Officer SENIOR MANAGEMENT Mr. Jolly M.M Vice President, Franchisee and Operations Mr. Arun Kumar S L Vice President, Digital Business Mr. Sunil Ghosh M C Associate Vice President, Business Development Mr. Jerome Joseph Associate Vice President, Business Development Ms. Treesa Anthony Senior Manager - Compliance & Legal Ms. Elizabeth Varghese Manager, Finance Ms. Nithin Jolly Manager, Account Mr. Chrison Joseph Junior Research Analyst AUDITORS Deoki Bijay & Co., Yogesh Sharma & Co., Chartered Accountants Company Secretaries Statutory Auditors Secretarial Auditor BANKERS South Indian Bank State Bank of India CONTENTS HDFC Bank Canara Bank Federal Bank ICICI Bank REGISTERED OFFICE CIN: L67120KL1993PLC007349 Management Discussion and Analysis…………………………..….…. 38 Thottathil Towers, 2nd Floor, Market Road, Ernakulam, Kochi - 682 018 Report on Corporate Governance……………………………............... 44 Tel. No. 0484-2384848 Fax No. 0484-2394209 Independent Auditors’ Report…………………………………................70 e-mail id : secretarial@vertexbroking.com website: www.vertexbroking.com Balance Sheet………………………………………………..…...............79 CORPORATE OFFICE Statement of Profit & Loss……………………………………….........…80 403, Regent Chambers Nariman Point, Mumbai - 400 021 Cash Flow Statement…………………………………………….........…81 Tel. No. 91-22-6630 6090 / 40010900 Fax No. 91-22-66306655 Notes to the Financial Statements…………………………..............….83 e-mail id : vsl@vertexbroking.com Consolidated Financial Statements…………………………………….123 REGISTRAR & SHARE TRANSFER AGENTS M/s. MUFG Intime India Pvt. Ltd Statement Pursuant to Section 129(3) of the Companies Act, 2013..179 C-101, Embassy 247, LBS Marg, Vikhroli (West), Mumbai- 400 083 Tel. No. 91-22-49186000 Fax No. 91-22-49186060 1 e-mail id: rnt.helpdesk@in.mpms.mufg.com. website: https://in.mpms.mufg.com VERTEX SECURITIES LIMITED NOTICE NOTICE is hereby given that the Thirty Third Annual General and writings as may be considered necessary, desirable or Meeting (“AGM”) of the Members of Vertex Securitie [Showing first 8,000 characters — download PDF for full document]