TruCap Finance Limited — Others, 26-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

TruCap Finance has confirmed no equity or convertible instruments were issued in the quarter ended March 31, 2025, with no funds raised through public, rights, preferential issues, or QIPs. A warrant holder voluntarily waived the right to exercise 55.75 lakh convertible warrants, which were cancelled, resulting in forfeiture of 25% of the consideration previously received. This reduces potential future equity dilution and adds to the company’s income, strengthening its balance sheet.