Tradewell Holdings remuneration resolutions covering whole-time director Kamal Manchanda received shareholder approval at the company's September 30, 2026 annual general meeting, according to a BSE filing dated October 3, 2026. The disclosure lists remuneration of Rs 18 lakh for each of two agenda items, covering payments for FY 2025-26 and remuneration payable for FY 2026-27 and the balance tenure.

The company said voting results for its 32nd annual general meeting were declared and announced on October 3. Members approved and ratified the remuneration paid for FY 2025-26 and approved the remuneration covered by the second resolution, which exceeds the applicable Companies Act limit.

The annexure separates the two approvals by period and statutory basis. One concerns remuneration already paid, while the other concerns remuneration payable for the current financial year and the director's remaining tenure.

Two resolutions cover director remuneration

  • FY 2025-26: Agenda Item 3 approved and ratified Rs 18 lakh paid to Kamal Manchanda under Schedule V, Part II, Section II of the Companies Act, 2013. The company cited inadequate profits or loss as the reason for this approval.
  • FY 2026-27 and balance tenure: Agenda Item 4 approved remuneration payable of Rs 18 lakh. The annexure states that the remuneration exceeds the applicable limit under Section 197(1), based on net profits calculated under Section 198.

Both items relate to Manchanda in his capacity as whole-time director. The filing therefore records separate shareholder decisions on past remuneration and remuneration payable, with different reasons stated for the approvals.

Disclosure to BSE

Tradewell Holdings submitted the intimation under Regulation 30 read with Schedule III of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company trades on BSE under scrip code 531203.

The supplied disclosure does not state voting percentages or provide the net-profit figure used to determine the remuneration limit. It also does not specify the end date of the balance tenure mentioned in the annexure.

Formerly known as Brand Realty Services Limited, the company has its registered office in New Delhi. Company Secretary and Compliance Officer Uma Kumari signed the filing.