Trustedge Capital Limited has announced a board meeting approving the allotment of 8,85,000 equity shares to the Promoters Group at ₹57 per share, aggregating ₹5.04 Cr.

The issue has increased the company’s paid-up equity capital to ₹5.85 Cr, spread over 58,53,600 shares.

Key investors include members of the Savla family, with significant increases in their holdings post-allotment.

The fresh capital infusion from promoters strengthens the company’s equity base, potentially supporting future growth and operations.

Listing approval for these shares will be sought shortly.