TruCap Finance Limited — Others, 20-06-2025: Corrigendum

TruCap Finance Limited has announced a board meeting to approve a preferential issue with total proceeds of Rs 206.87 Cr, aimed primarily at expanding its lending and financing business (Rs 134.47 Cr), repaying/refinancing existing debt (Rs 31.03 Cr), meeting working capital needs (Rs 10.34 Cr), capital expenditures (Rs 10.34 Cr), and general corporate purposes (Rs 20.69 Cr). The funds will be deployed over four quarters post-allotment. Infomerics Valuation and Rating Pvt Ltd will monitor the utilisation of these proceeds to ensure transparency and compliance.