Intimation under Reg 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
TRU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.9 pts less than Nifty Microcap 250 and 4.3 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
TruCap Finance informed stock exchanges that Marwadi Chandarana Intermediaries Brokers Private Limited (the Acquirer) has terminated two agreements signed on May 26, 2025: a Share Purchase Agreement to acquire 3.68 crore equity shares from promoters, and a Securities Subscription Agreement for subscribing to 11.57 crore fresh equity shares and 9.37 crore convertible warrants. With the termination, the Acquirer will no longer gain control of TruCap or be classified as part of the promoter group. The Company stated the termination does not have a material impact on operations, except that the expected equity and warrant-based fund infusion from the Acquirer will no longer happen. The original deal was intended to bring in a new controlling shareholder and capital into the company.
Negative for shareholders expecting fresh capital and a change in control — the proposed equity infusion and promoter-level restructuring are now off. Near-term stock sentiment may be weak given the failed transaction, though management says day-to-day business is unaffected.