CAPTRUSTNSECapital Trust LimitedMediumNeutral
Announced Wed, 9 Jul · 16:44 IST

Capital Trust Limited has informed the Exchange about General Updates Outcome of the Rights Issue Committee ("Committee") of Capital Trust Limited ("Company") for Extension of Closing date of Rights Issue.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Capital Trust Limited has extended the closing date of its Rights Issue by 10 days, from July 14, 2025 to July 24, 2025. The issue, which opened on June 25, 2025, is offering up to 60,74,893 equity shares at ₹82 each (including ₹72 premium) on a rights basis in the ratio of 5 shares for every 14 held, for an aggregate amount of up to ₹4,981.41 lakhs (~₹49.8 crores). The record date was June 18, 2025. The last date for on-market renunciation has been set as July 18, 2025, and the expected date of listing is on or about August 6, 2025. The company has clarified that no other terms of the Letter of Offer or application form have changed apart from the revised timetable.

Likely market impact

Eligible shareholders now have additional time until July 24, 2025, to submit their application forms and exercise their rights. Extensions of rights issue closing dates can sometimes indicate slower-than-expected subscription, though the company states the reason is simply to give shareholders more opportunity to participate.