TruCap Finance Ltd. Receives Interim Order Extension from SAT
TruCap Finance Ltd. announced an update regarding an interim order issued by the Securities and Appeals Tribunal (SAT) concerning an open offer. The open offer was given by Marwadi Chandarana Intermediaries Brokers Private Limited, acting as the acquirer, to the shareholders of TruCap Finance Ltd.The matter was reviewed by the Hon'ble Tribunal on March 25, 2026. The appellant was granted a two-week period to file a rejoinder. The Hon'ble Tribunal also decided to extend the interim order until the next hearing, which is scheduled for April 24, 2026. The communication was provided by Sundae Capital Advisors Private Limited.
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