Trigyn Technologies Ltd Management Discussions

Overview

Trigyn Technologies Limited (Trigyn or TTL or the Company) together with its subsidiaries (collectively, the Group) is a trusted global technology partner delivering end-to-end IT solutions and services to governments, intergovernmental organizations, and enterprises worldwide. With operations in over 25 countries and a track record of delivering mission- critical solutions in highly complex environments, Trigyn has earned a reputation for service quality, innovation, and client value.

FY2025-2026 was a year of continued evolution for the Company. During the year, the Company witnessed changes in certain senior leadership positions, and its business in the United States moderated following the growth achieved in the preceding year. The Board of Directors, together with the Companys experienced management team, continues to provide strategic direction and oversight, with a focus on strengthening the leadership team and driving the Companys long-term growth objectives.

Trigyn continues to embed AI, automation, and data-driven decision-making across its service portfolio, leveraging Centers of Excellence and reusable accelerators to deliver scalable, secure, and future-ready solutions. Supported by a resilient global delivery model , a talented workforce, and a growing ecosystem of technology partnerships, Trigyn is well-positioned to capitalize on rising demand for AI-driven transformation, cloud modernization, and mission-critical digital platforms.

With these strategic investments, Trigyn enters FY2026-2027 with a strengthened foundation for growth , a diversified client base, and a clear roadmap for scaling innovation to meet evolving client and market needs.

Quality

At Trigyn, the Management and employees are committed to building and nurturing long-term relationships with customers by delivering high-quality, reliable and technology-driven solutions and services that meet and exceed customer expectations.

The Company recognises that consistently understanding and meeting customer requirements is fundamental to sustaining long-term business relationships. Accordingly, the Company continues to focus on strengthening its processes, developing its people and fostering a performance-oriented culture with a strong emphasis on quality and continuous improvement.

The Companys approach to quality is centred around the following key principles:

1. Developing a productive work environment and fostering a performance-oriented culture that encourages accountability, collaboration and excellence.

2. Continually improving processes and practices to enhance operational effectiveness, service quality and overall performance.

3. Managing, leading and developing people effectively to build proactive employees, empowered teams and high- performing organisations.

Certifications and Quality Frameworks

As at March 31, 2026 , the Company held the following certifications and quality framework assessment:

Standard / Framework	Scope / Assessment
ISO 9001:2015	Quality Management System
ISO/IEC 27001:2022	Information Security Management System
ISO/IEC 20000-1:2018	Information Technology Service Management System
ISO 14001:2015	Environmental Management System
CMMI Development Version 2.0	Maturity Level 5

These internationally recognised certifications and quality framework assessment provide a structured foundation for the Companys approach to quality management, information security, IT service management, environmental management and process maturity.

The Company continues to review, monitor and enhance its management systems and processes through periodic audits, assessments and improvement initiatives. These activities support the Companys objective of maintaining consistent service standards and strengthening the effectiveness of its operational processes.

The Company also maintains a structured customer feedback mechanism to assess customer satisfaction and obtain insights on the quality and effectiveness of its products, services and delivery processes. Customer feedback is reviewed to identify areas for improvement and to support continual enhancement of service delivery.

Through its focus on quality, process improvement, people development and customer feedback, the Company remains committed to maintaining high standards of service delivery and building enduring relationships with its customers.

A. Industry Structure and Development

The global technology services industry is undergoing a period of profound transformation, fueled by rapid advances in artificial intelligence, cloud computing, automation, cybersecurity, and data analytics . Organizations across sectors are prioritizing digital-first strategies to enhance operational resilience, deliver superior user experiences, and address evolving regulatory requirements. This accelerating pace of change has increased demand for integrated, AI-enabled solutions that can scale globally while being tailored to local needs.

Market trends shaping the industry include:

Al and Automation as Core Enablers: AI-driven analytics, predictive modeling, and intelligent automation are redefining workflows and decision-making, enabling organizations to innovate faster and operate more efficiently.

Cloud-Native and Edge Computing Expansion: Hybrid and multi-cloud adoption is becoming the default, with enterprises seeking flexible, secure, and cost-optimized infrastructures that support Al workloads at scale.

Data-Driven Strategy: The explosion of enterprise and citizen data is fueling investments in modern data platforms, governance frameworks, and MLOps pipelines to unlock actionable insights.

Cybersecurity and Compliance: Heightened cyber risks and evolving global regulations are prompting organizations to adopt zero-trust security models, continuous monitoring, and AI-driven threat intelligence.

Digital Government and Social Impact Solutions: Governments and public sector entities are driving large- scale modernization, creating demand for platforms that improve service delivery, healthcare, and citizen engagement.

Sustainability and ESG-Driven IT: Organizations are increasingly aligning technology strategies with ESG goals, requiring solutions that are energy-efficient, transparent, and ethically deployed.

Trigyn is strategically positioned to address these dynamics through its AI-led solutions and services strategy . With nearly four decades of experience supporting governments, intergovernmental organizations, and enterprises, the Company has built deep expertise in delivering mission-critical digital platforms across diverse regulatory and operational landscapes.

To stay ahead of evolving client expectations, Trigyn has:

Continued focus on strengthening leadership and delivery excellence to support the scaling of AI-led innovation.

Expanded Centers of Excellence (CoEs) in AI, data engineering, cloud services, cybersecurity, and IoT, which serve as hubs for reusable accelerators and innovation frameworks.

Invested in talent transformation programs to create a workforce that is future-ready, digitally skilled, and agile.

Built a resilient global delivery model capable of serving large-scale, complex projects across more than 25 countries.

NextGen Delivery

In response to evolving customer expectations and rapid technological advancements, Trigyn is embracing the NextGen Delivery Model —a strategic evolution in IT service delivery that aligns with the demands of digital transformation, customer-centricity, and operational agility.

This model enables Trigyn to move beyond traditional outsourcing and service paradigms, integrating agility , automation , AI , and a customer-first mindset . It positions us to deliver faster, smarter, and more scalable solutions in a digital landscape where innovation is key.

Key Features

Agile & POD-Based Delivery : Accelerates development cycles and enhances team collaboration.

Al-Enabled Operations : Drives intelligent automation and predictive capabilities.

Outcome-Based Engagements : Focuses on delivering measurable business value.

Strategic Benefits

Improved Transparency & Governance : Enhances visibility and accountability across delivery.

Faster Time to Market : Speeds up solution deployment and responsiveness.

Business Alignment : Strengthens our role as a strategic partner to clients.

Trigyns adoption of this model reflects our commitment to continuous innovation and excellence in service delivery. It will empower us to better meet client needs, adapt to market dynamics, and lead with purpose in the digital era.

These strategic investments, coupled with a growing partner ecosystem spanning hyperscalers, emerging AI platforms, and niche technology providers, position Trigyn as a trusted transformation partner for clients seeking to modernize operations and deliver measurable business outcomes.

B. Opportunities and Threats

> Opportunities

The demand for AI-driven transformation, digital platforms, and secure IT services continues to grow, presenting significant opportunities for Trigyn. The Companys strategic shift toward AI-led solutions and investments in leadership, delivery excellence, and Centers of Excellence position it strongly to capture value in both established and emerging markets.

Key opportunity areas include:

AI and Automation at Scale: Organizations are seeking AI-enabled solutions for automation, decision intelligence, and predictive analytics. Trigyns reusable accelerators, MLOps pipelines, and advanced AI delivery capabilities are designed to reduce implementation time and deliver measurable business outcomes.

Digital Government and Citizen Services: With decades of experience supporting governments and IGOs, Trigyn is well-positioned to lead large-scale modernization initiatives in areas such as healthcare, public safety, and Smart City infrastructure.

Cloud-First and Data-Driven Enterprises: Enterprises are accelerating their shift to multi-cloud, data platform modernization, and edge computing, areas where Trigyn offers strong expertise and scalable solutions.

Cybersecurity as a Strategic Priority: Heightened cyber risks are creating demand for AI-powered security services, including threat intelligence, zero-trust frameworks, and compliance management.

Market Recalibration in the U.S.: Following the growth achieved in the Companys U.S. business in the preceding year, the business moderated during FY2025-2026. The Company continues to evaluate its go-to- market approach in this region, alongside selectively pursuing opportunities in other established and emerging geographies.

Strategic Partnerships: A growing ecosystem of alliances with hyperscalers, AI innovators, and niche providers enables Trigyn to deliver next-generation services and stay ahead of technology trends.

Threats

While market conditions remain favorable for digital transformation, Trigyn remains vigilant about risks that could impact its growth trajectory:

Macroeconomic and Geopolitical Uncertainty: Global economic slowdowns and geopolitical events can impact client budgets and delay large-scale initiatives, particularly in the public sector.

Talent Availability and Rising Costs: Demand for highly skilled professionals in AI, cybersecurity, and cloud engineering continues to outpace supply. Trigyn is mitigating this risk through targeted reskilling programs and global talent hubs .

Technology Disruption: The rapid pace of AI and digital innovation requires constant investment to ensure Trigyn remains at the forefront of new developments.

Competitive Market Dynamics: Intense competition from both large technology providers and agile startups requires continuous differentiation through innovation and domain expertise.

Regulatory and Compliance Challenges: Operating across multiple regions necessitates strict adherence to data privacy, AI ethics, and evolving security regulations.

Strategic Positioning

The Board and the Companys experienced management team have continued to drive Trigyns transformation agenda, designed to strengthen delivery excellence, expand market presence, and embed AI into every aspect of its offerings. While FY2025-2026 reflected the impact of leadership changes and a moderation in the U.S. business, the Companys continued investments in people, partnerships, and platforms are aimed at creating a resilient foundation going forward. This combination of deep domain expertise, a diversified client base, and a future-focused innovation strategy positions Trigyn as a trusted partner for global enterprises and governments navigating digital change.

C. Segment-wise or product-wise performance

The Company operates within a single reportable segment, Communication and Information Technology Staffing Support Services. Accordingly, separate segment-wise performance reporting is not applicable.

Within this segment, Trigyn provides a broad range of technology solutions, services and consulting offerings designed to support clients in their digital transformation and operational priorities. During the year, the Company continued to strengthen its capabilities across artificial intelligence, automation, cloud, data, and digital technologies, with an increasing focus on embedding AI-led capabilities across its service portfolio.

The Companys principal service offerings include:

Enterprise Digitalization and Process Intelligence - Solutions focused on digital workflows, process automation, intelligent decision-making, and operational efficiency.

Cloud Services and AlOps - Cloud consulting, migration, modernization, and optimization services supported by automation, monitoring and analytics capabilities.

Data Platforms, Analytics and MLOps - Data engineering, enterprise data platforms, advanced analytics and machine learning solutions, including scalable deployment and governance of AI/ML models.

Smart City and loT Solutions - Technology platforms integrating IoT, analytics, computer vision and AI- enabled capabilities to support urban mobility, public safety, energy management and citizen services.

Healthcare and Medicaid Technology Services - Technology solutions supporting Medicaid modernization, public health platforms, compliance, analytics, and digital engagement.

Security and Risk Management - Cybersecurity and risk management services encompassing threat monitoring, security automation, intelligence, and related technology solutions.

Staffing and Consulting Services - Deployment of skilled technology professionals across a range of disciplines, including cloud, data, AI, and other emerging technologies.

Digital Learning and Knowledge Platforms - Digital learning and knowledge-management solutions incorporating intelligent personalization, content analytics and emerging technologies.

The Company continues to evolve its service portfolio in response to changing client requirements and technology trends, with a focus on strengthening its AI, cloud, data, and digital capabilities and delivering scalable and outcome-oriented solutions.

Driving Client Value

Across industries and geographies, Trigyns delivery model integrates Centers of Excellence (CoEs) , AI/ML accelerators, and reusable frameworks that ensure repeatability, scalability, and faster time-to-value. Our solutions focus on measurable outcomes ranging from reduced operational costs and improved service levels to enhanced customer experiences and stronger compliance posture.

By embedding AI into the core of every service, Trigyn is evolving from a traditional IT services provider into a strategic transformation partner , helping organizations prepare for an AI-driven future.

FY2025-2026 was a year of leadership changes and moderation in the Companys U.S. business, following the growth achieved in the preceding year. Supported by the Board and the Companys experienced management team, and a renewed focus on AI-led innovation, the Company remains focused on delivering sustainable growth in FY2026-2027 and beyond.

D. Industry Outlook

The technology industry is experiencing an unprecedented era of transformation, driven by rapid advances in artificial intelligence, cloud computing, data analytics, automation, and cybersecurity . Enterprises and governments are increasingly adopting digital-first strategies to achieve greater operational efficiency, resilience, and scalability. Global IT spending continues to grow, with significant investments being directed toward AI-driven automation, modernization of legacy platforms, and secure, cloud-native infrastructure.

Key industry trends influencing Trigyns strategy include:

AI as a Catalyst for Enterprise Transformation: AI and machine learning are reshaping industries, from predictive healthcare and personalized citizen services to autonomous systems and advanced analytics.

Cloud-Native and Edge Computing Adoption: Enterprises are accelerating cloud adoption, edge capabilities, and hybrid strategies to drive agility and innovation at scale.

Data as a Strategic Asset: The explosion of enterprise and citizen data is fueling demand for advanced analytics, data platforms, and AI governance frameworks.

Cybersecurity and Compliance Prioritization: Increasing regulatory scrutiny, rising cyber threats, and global data privacy laws are driving investment in security architecture and zero-trust frameworks.

Public Sector and Social Impact Solutions: Governments and intergovernmental organizations are investing heavily in citizen-centric digital platforms, healthcare modernization, and Smart City initiatives—areas where Trigyn has a demonstrated track record.

Sustainability and ESG-Driven Innovation: Technology investments are increasingly tied to ESG goals, with demand for energy-efficient IT, responsible AI, and sustainable operations shaping client priorities.

Trigyns strong global presence, long-standing expertise in mission-critical engagements, and ability to deliver solutions at scale across the globe position it to capture these opportunities. By embedding AI across its service portfolio, leveraging automation to enhance delivery, and fostering a culture of continuous innovation, Trigyn is building a resilient, future-ready business model that aligns with both market demand and long-term client goals.

Industry Alliances

At Trigyn, strategic alliances are a core enabler of innovation, scalability, and growth . The Company has developed a three-tiered partnership ecosystem designed to strengthen its AI-led solutions and accelerate delivery for clients in both established and emerging markets. These alliances allow Trigyn to integrate best-inclass technologies, co-develop solutions, and quickly adapt to evolving market demands .

Our Partnership Model

1. Global Hyperscalers and Enterprise Platforms . Trigyn maintains deep relationships with leading hyperscalers and enterprise technology vendors to ensure its solutions are architected on robust, scalable, and secure platforms. These partnerships enable clients to leverage cutting-edge cloud, data, and infrastructure capabilities while ensuring future-ready IT investments.

2. Emerging AI and Generative AI Innovators . Trigyn actively engages with high-growth technology providers in AI and GenAI to bring advanced capabilities—including natural language processing, computer vision, and intelligent automation—into its solutions. This strategy allows clients to access the latest AI innovations with speed and precision .

3. Niche Providers and Domain-Specific Specialists . Trigyn collaborates with specialized partners that bring deep expertise in industry-specific and mission-critical domains. These relationships expand the Companys ability to deliver tailored, high-value solutions to government agencies, IGOs, and enterprises.

Driving Value Through Alliances

This multi-layered approach ensures Trigyns solutions combine enterprise-grade reliability with emerging innovation , helping clients stay ahead in a rapidly changing digital landscape. Through its alliances, Trigyn is able to:

Accelerate delivery timelines using pre-integrated platforms and proven architectures.

Rapidly scale Al-led innovation across multiple industries and regions.

Co-create solutions with technology leaders to address evolving regulatory, operational, and ESG requirements.

Offer flexibility and transparency by engaging with open-source communities where appropriate.

Under the continued guidance of the Board and the Companys experienced management team, alliances remain a strategic growth lever, supporting Trigyns vision to expand its business development reach, deepen client relationships, and drive transformational outcomes.

By combining enterprise-scale platforms with cutting-edge AI and niche expertise, Trigyn has built a partnership ecosystem that is dynamic, future-proof, and client-centric , ensuring it can deliver value at scale across all of the markets we serve.

E. Risks and Concerns

Trigyn operates in a rapidly evolving global technology services market that offers significant growth potential but also carries inherent risks. The Company maintains a comprehensive risk management framework to proactively identify, monitor, and mitigate challenges to its strategic objectives, operational resilience, and reputation.

Key risks and mitigation measures include:

Global Economic and Geopolitical Volatility: Economic slowdowns, political instability, and currency fluctuations may impact project budgets and procurement cycles, particularly in public sector engagements. Trigyns diverse geographic footprint and multi-sector client base help offset exposure to regional economic challenges.

Talent Availability and Rising Costs: The industry faces persistent shortages in specialized AI, cloud, and cybersecurity skills. Trigyn continues to invest in talent hubs, reskilling initiatives, and leadership development programs to ensure workforce readiness and competitive delivery capability.

Technology Disruption: The rapid evolution of AI, automation, and cloud technologies requires ongoing investment in innovation and delivery capabilities. Trigyns Centers of Excellence (CoEs) , reusable accelerators, and strong technology partnerships ensure it remains at the forefront of emerging trends.

Cybersecurity and Data Privacy Risks: Expanding regulatory frameworks, including global data protection laws and AI governance standards, require heightened vigilance. Trigyn has strengthened its security posture through ISO 27001 certification, zero-trust architectures, and continuous compliance monitoring .

Regulatory and Compliance Complexity: Operating across multiple geographies necessitates strict adherence to local laws and international standards. The Company maintains a robust governance structure and regular internal audits to manage regulatory risk. •

Client Concentration: Historically, the Companys revenue profile included significant exposure to a small number of large contracts. The loss of a single major contract in FY2023-2024, which impacted overall performance in FY2024-2025, has led the Company to continue diversifying its business base, reducing concentration risk and strengthening resilience going forward.

Competitive Market Dynamics: The technology services sector is highly competitive, with pressures from large global players and agile Al-first startups. Trigyns investment in innovation, partnerships, and differentiated domain expertise positions it well to maintain and expand market share.

Sustainability and ESG Expectations: Growing client focus on responsible technology deployment, energy efficiency, and Al ethics requires ongoing investment in ESG initiatives and ethical innovation practices .

Despite these challenges, including leadership changes and a moderation in the U.S. business, Trigyn continues to work towards a diversified revenue base and a scalable delivery model. The Board and the Companys experienced management team remain focused on strengthening the leadership structure and driving initiatives that enhance risk resilience, support market recovery, and align innovation efforts with global client needs.

F. Internal Control System and their Adequacy

Trigyn continuously reviews its Internal Control system in order to further strengthen and make it commensurate with the size and nature of the business which currently is well defined and commensurate with the scale of operations of the Company.

The CFO certification provided in the Annual Report discusses the adequacy of our internal control systems and procedures.

G. Results of Operations and Segment

FY 2025-26 was a year of continued evolution for Trigyn. During the year, the Company experienced changes in certain senior leadership positions, while its business in the United States moderated following the growth achieved in the preceding year. The Board, together with the Companys experienced management team, remains focused on strengthening the leadership structure, enhancing the delivery model, and positioning the business for sustainable long-term growth.

As Trigyn enters FY 2026-27, the Company remains focused on maintaining financial and operational discipline while pursuing opportunities aligned with its strategic priorities. The Company continues to strengthen its capabilities, enhance execution, and build a resilient platform to support future growth.

During the year under review on Consolidated Basis, the Company earned a revenue of Rs. 97,642.94 Lakhs as against Rs. 89,779.08 Lakhs in the previous year. Earnings After Tax are Rs. 198.66 Lakhs as against Rs. 1,176.94 Lakhs in the previous year.

With respect to the Standalone Basis, the Company earned a revenue of Rs. 18,895.46 Lakhs as against Rs. 15,307.91 Lakhs in the previous year. Earnings After Tax are Rs. 566.63 Lakhs as against Rs. 136.86 Lakhs in the previous year.

In accordance with Accounting Standard Ind AS 108 Operating Segments, the Company has a single reportable segment, i.e. Communication and Information Technology Staffing Support Services.

Key Financial Ratios

Sr No. Particular	STANDALONE			CONSOLIDATED
	Year ended March-26	Year ended March-25	YOY (Change in %)	Year ended March-26	Year ended March-25	YOY (Change in %)
Ratios:
1 Current ratio	1.48	1.56	-5%	4.66	4.82	-3%
2 Debt Equity ratio*	0.03	0.05	-29%	0.01	0.02	-25%
3 Debt Service charge ratio*	3.15	1.92	64%	2.87	3.33	-14%
4 Inventory turnover ratio	21.41	18.66	15%	110.66	109.46	1%
5 T rade receivables turnover ratio	2.71	2.59	5%	3.96	3.64	9%
6 T rade Payables Turnover Ratio	25.51	19.77	29%	11.92	11.54	3%
7 Net Capital Turnover ratio	3.80	3.11	22%	1.64	1.64	-
8 Return on equity ratio	2.9%	0.7%	307%	0.3%	1.6%	-84%

Sr No. Particular	STANDALONE			CONSOLIDATED
	Year ended March-26	Year ended March-25	YOY (Change in %)	Year ended March-26	Year ended March-25	YOY (Change in %)
9 Net Profit ratio	3%	0.9%	235%	0.2%	1.3%	-84%
10 Return on Capital Employed	9.3%	4.2%	120%	1.9%	3.8%	-50%

*These do not include the limit earmarked against PBG margin of Rs. 3.6 CR from HDFC bank.

Reasons for difference in ratios:

Standalone and Consolidated current Ratio has marginally decreased due to current liabilities increasing at a higher rate than current assets during the year. This is mainly due to an increase in provisions towards gratuity, legal and compounding fees, as well as higher sundry creditors resulting from increased project activity and the related GST obligations.

Standalone and Consolidated Debt Equity Ratio has decreased primarily due to reduction in total debt/short- term borrowings, coupled with an increase in shareholders equity.

Standalone Debt Service charge ratio has increased due to debt servicing obligations reduce and improvement in Standalone earnings during the year.

Consolidated Debt Service charge ratio has decreased due to higher debt servicing obligations, including interest and principal repayments, not with standing improvement in Standalone earnings during the year.

Standalone Inventory Turnover Ratio has improved due to higher revenue from operations while average inventory remained relatively stable.

Consolidated Inventory Turnover Ratio remained broadly stable with growth in revenue offset by relatively stable average inventory levels.

Standalone Trade Receivables Turnover ratio has marginally improved due to growth in revenue and improvement in the collection cycle during the year.

Consolidated Trade Receivables Turnover ratio has improved due to growth in revenue while average trade receivables remained broadly stable, indicating an improvement in collection efficiency.

Standalone Trade Payables turnover ratio has increased mainly due to higher operating expenditure and lower average trade payables, resulting in faster turnover of trade payables.

Consolidated Trade Payables turnover ratio has remained broadly stable, with operating expenditure and average trade payables moving largely in line during the year.

Standalone Net Capital Turnover ratio has improved due to higher revenue from operations while average working capital remained broadly stable.

Consolidated Net Capital Turnover ratio remained stable as the increase in revenue was broadly proportionate to the increase in average working capital.

Standalone Return on Equity ratio and Net Profit ratio has improved significantly due to higher profitability and improved operating performance during the year.

Whereas Consolidated Return on Equity ratio and Net Profit ratio has decreased significantly due to lower profitability during the year, primarily reflecting a decline in operating margins and higher expenses include additional provision for previous year tax & loss on sale of fixed asset during the year, resulting in decrease in profit.

Standalone Return on Capital Employed ratio has increased due to significant improvement in earnings before interest and tax while capital employed remained broadly stable.

Consolidated Return on Capital Employed ratio has decreased due to lower earnings before interest and tax, coupled with an increase in capital employed during the year.

Summation

FY 2025-26 was a year of continued evolution for Trigyn. During the year, the Company experienced changes in certain senior leadership positions, while its business in the United States moderated following the growth achieved in the preceding year. The Board, together with the Companys experienced management team, remains focused on strengthening the leadership structure, enhancing the delivery model and positioning the business for sustainable long-term growth.

As Trigyn enters FY 2026-27, the Company remains focused on maintaining financial and operational discipline while pursuing opportunities aligned with its strategic priorities. The Company continues to strengthen its capabilities, enhance execution and build a resilient platform to support future growth.

During FY 2025-2026, the Board and the Companys experienced management team continued to drive investments in Centers of Excellence, reusable AI accelerators, and global delivery optimization, aimed at positioning the Company to deliver higher-value solutions at scale in areas such as AI, cloud modernization, cybersecurity, and digital government platforms.

Looking ahead, Trigyn remains focused on stabilizing its leadership structure and rebuilding momentum in its key markets, supported by a diversified portfolio and an innovation-driven service model. These efforts are aimed at delivering sustainable value to shareholders, clients, and stakeholders in a rapidly evolving digital economy.

H. Material Developments in Human Resource/Industrial Relations front, including number of people employed

The Company believes that effective human resource management is essential for ensuring that talent strategies align with Trigyns long-term organizational goals and client commitments. In FY2025-26, the Company focused on organizational transformation and workforce retooling to support its shift toward an Al-led solutions and services model.

Total global workforce numbers as on March 31,2026 was 1,716 full-time and 111 contractual workers.

During FY 2025-26, the Companys business in the United States moderated following the growth achieved in the previous year. The year also saw certain changes in the Companys senior leadership team.

The Companys HR strategy has focused on talent transformation , investing heavily in reskilling and upskilling initiatives across its global workforce. These programs have equipped employees with expertise in next-generation areas, enabling Trigyn to enhance its value proposition and maintain a competitive edge. The Company also strengthened its Centers of Excellence (CoEs), which act as hubs for innovation, best practices, and reusable solution accelerators, furthering operational efficiency and service delivery excellence.

Key developments include:

AI and Digital Skills Development: Trigyn launched dedicated learning tracks for AI/ML engineering, data platform architecture, cloud-native development, and cybersecurity, resulting in a significant increase in advanced technical certifications across the organization.

Global Workforce Expansion and Diversity: Trigyn continues to operate across 25+ countries, fostering a multicultural, inclusive workforce. Hiring strategies prioritize diversity, domain expertise, and agility to support mission-critical public sector and enterprise projects.

Leadership Development Programs: Structured leadership and management training programs were rolled out to nurture next-generation leaders and strengthen the Companys innovation-driven culture.

Employee Engagement and Well-Being: Initiatives such as hybrid working models, employee assistance programs, and a performance-based rewards framework contributed to improved employee satisfaction and retention.

Streamlined HR Technology: Enhancements to the Companys HRMS platform provided greater transparency, data-driven workforce planning, and improved employee experience.

Trigyns HR vision is to empower its global workforce to deliver innovation, agility, and measurable client outcomes . Supported by its leadership transformation, Al-first talent strategy, and investments in workforce development, the Company has created a strong foundation for growth, resilience, and scalability in the coming years.