TruCap Finance Ltd

TruCap Finance Update: Warrant Lapse, Credit Downgrade & Share Price Dip 📉

- No funds raised via public, rights, preferential issues, or QIP in Q2 FY25.

- 5,42,372 convertible warrants allotted in Feb 2024 lapsed due to non-payment within 18 months (by July 31, 2025).

- ₹99,99,983.75 (25% of total) upfront consideration forfeited as per SEBI rules.

- No deviations in fund utilization reported; monitored by Infomerics Valuation.

- External credit rating downgraded to 'D' (from 'IVR C/Negative') on Oct 24, 2025.

- Share price at ₹10.85 (Nov 4, 2025), below lapsed warrants' issue price.