Announced Mon, 29 Jun · 12:45 IST
SAT extends interim stay on Marwadi Chandarana open offer for TruCap Finance
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
-1.9%1-day move
₹5.30
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.9-5.7-0.8+4.2-0.6+3.8-7.5———
Up moveDown movePending
AI summary
Merchant banker Sundae Capital Advisors filed an update on the Securities Appellate Tribunal case related to Marwadi Chandarana Intermediaries Brokers open offer to TruCap Finance shareholders. After a hearing on June 18, 2026, both sides wrapped up their arguments and the matter is reserved for ruling. The interim stay on the open offer, first granted on February 11, 2026, has been extended until further order.
Likely market impact
Interim stay on the open offer continues. Await the SAT final ruling, which could affect the offer timeline and what shareholders can do with their shares.