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TruCap Finance LimitedBoard Meeting, 14-08-2025: Outcome of Board Meeting

14-08-2025 | 07:48 pm

TruCap Finance has announced a board meeting on August 14, 2025, where its financial results for the quarter ended June 30, 2025, were approved. The company reported a consolidated net loss of ₹9.10 crore, a notable improvement from the ₹67.73 crore loss last quarter.

Key strategic updates include the cancellation of 60 lakh warrants, resulting in a forfeiture of ₹11.06 crore for the company. Shareholders also approved an increase in authorized share capital from ₹50 crore to ₹75 crore. The board also cleared the allotment of 26.63 lakh stock options to eligible employees.

Operationally, the company reported no outstanding defaults on loans or debt securities. Gross Non-Performing Assets (GNPA) stood at 5.49%, with Net Non-Performing Assets (NNPA) at 3.38%.

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