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Incorporated in 1994, TruCap Finance Ltd isin the business of Fund based activities and Advisory services
TruCap Finance is transferring long-unclaimed dividends to the IEPF. Shareholders with uncollected dividends should contact the RTA soon to claim them. Post-deadline, claims must be made directly from the IEPF. #TruCapFinance
TruCap Finance: The agreement for Marwadi Chandarana to acquire ~3.68 Cr shares and subscribe to ~11.57 Cr new shares and ~9.37 Cr warrants has been terminated. This cancels the expected fund infusion and change in control.
TruCap Finance has announced a board meeting to discuss the financial results for the quarter and half-year. Marwadi Chandarana Group will acquire a 75% majority stake in TruCap via a ₹207 crore capital infusion and secondary share purchase, becoming the new promoter. This capital boost is expected to strengthen TruCap’s...
TruCap Finance Limited has signed a binding term sheet with Incred Finance to sell its gold loan business for approximately ₹330 crores, subject to final adjustments. This strategic move is expected to substantially improve TruCap's financial health, projecting a reduction in balance sheet leverage to below 1.5x and decreasing its...