Capital Trust Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/06/2025 ,inter alia, to consider and approve Consider, discuss and approve ....
CAPTRUST · price
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Capital Trust Limited has called a Board meeting on June 12, 2025 to finalise terms of a proposed Rights Issue of equity shares. The Board will decide on the issue price, rights entitlement ratio, record date, and opening and closing dates of the issue. This follows the Board's earlier approval on November 14, 2024 to raise funds through a Rights Issue, for which in-principle approval has already been received from the stock exchanges. Capital Trust, a Delhi-based NBFC, already has the green light from BSE and NSE to proceed with the fund raise. The actual pricing, ratio, and timing of the rights entitlement will be disclosed after the Board meeting.
Existing shareholders will likely get the opportunity to subscribe to additional shares at a price to be determined, which could lead to dilution if not fully subscribed. The stock may see some volatility around the record date once announced.