Announced Mon, 15 Jun · 18:26 IST
SAT extends interim stay in TruCap Finance open offer case
TRU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.4%1-day move
₹5.72
prior close
₹5.96
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-5.4-5.2-2.9-1.3+1.4+3.1-0.3+3.1-0.9-7.3-3.8-11.4——
Up moveDown movePending
AI summary
Sundae Capital Advisors, manager to the open offer by Marwadi Chandarana Intermediaries Brokers for TruCap Finance shareholders, updated that the SAT hearing on June 12, 2026, could not conclude the appellant's arguments due to time constraints. The matter is now listed for June 16, 2026. The interim stay granted on February 11, 2026, has been extended until the next hearing.
Likely market impact
Interim stay on the open offer continues, prolonging uncertainty for TruCap Finance shareholders regarding the acquisition timeline.