Announced Wed, 17 Jun · 14:47 IST
SAT extends interim stay in TruCap Finance open offer matter
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
+3.1%1-day move
₹5.72
prior close
₹5.89
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.7-1.2-1.0+3.1-0.3+3.1-0.9-2.4-9.6-3.7-12.4——
Up moveDown movePending
AI summary
Sundae Capital Advisors, the manager to the open offer by Marwadi Chandarana Intermediaries for TruCap Finance, reported that the Securities Appellate Tribunal heard the matter on June 16, 2026 but it could not be completed due to time constraints. Arguments were partly heard and the matter is now listed for June 18, 2026. The interim stay granted on February 11, 2026 remains in force until the next hearing.
Likely market impact
Interim stay on the open offer continues, keeping the acquisition process on hold until SAT delivers its decision.