ALPHA TRIBE

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

26-05-2025 | 11:15 pm

TruCap Finance has confirmed no fund-raising through public, rights, preferential issues, or QIP in the quarter. A warrant holder voluntarily waived the right to exercise 55.75 lakh convertible warrants, which were cancelled, leading to the forfeiture of 25% of the consideration received. This reduces potential equity dilution and positively influences the company’s capital structure, benefiting existing shareholders by limiting share dilution.

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