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

14-08-2025 | 07:56 pm

TruCap Finance's board has approved the financial results for the quarter ended June 30, 2025, reporting a consolidated net loss of ₹9.10 Cr. Key decisions include the re-appointment of Mr. Rohanjeet Singh Juneja as Managing Director & CEO for a three-year term. In a notable update on fundraising, 60 lakh convertible warrants were cancelled, resulting in a ₹11.06 Cr forfeiture for the company. Shareholders also gave their approval to increase the authorized share capital from ₹50 Cr to ₹75 Cr, enhancing future capital raising flexibility. The company confirmed it has maintained adequate security cover for its NCDs.

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