Securities Appellate Tribunal lists next hearing in Marwadi Open Offer matter concerning TruCap Finance Ltd
The matter of the open offer initiated by Marwadi Chandarana Intermediaries Brokers Private Limited (Acquirer) to the shareholders of Trucap Finance Limited (Target Company) has been reviewed by the Hon'ble Securities Appellate Tribunal (SAT).The proceedings regarding the open offer were listed for hearing before the SAT on June 16, 2026. Counsel representing the Appellant presented arguments during the session. Due to time constraints, the matter is currently part-heard and has been scheduled for further discussion on Thursday, June 18, 2026.
Further updates concern the interim stay previously granted in this case. The interim stay, which was initially ordered on February 11, 2026, has been extended until the next date of hearing before the tribunal.
TRU Stock Price Movement
As of 3:15 PM, shares of TruCap Finance Limited are edging higher to ₹5.89, posting a gain of 2.26% in live trading today. The stock has seen active movement in the market, with the share volume reaching 41,783 and the equity trading within the ₹5.76 to ₹5.96 range.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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