Announced Fri, 9 Oct, 2026 · 12:09 IST

SAT hearing update on open offer for Trucap Finance adjourned to Nov 3

Listed Co AcquisitionOpen Offer TriggeredStrategic Transactions View source PDF Explain this filing

TRU · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.8%Reaction day

₹4.40

prior close

₹4.40

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+1.5% vs market

Non Banking Financial Company (NBFC) peers, median of 215sector+0.4%+1.4% vs sector

On the reaction day the stock moved 1.5 pts more than Nifty Microcap 250 and 1.4 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.5

15m

+0.5

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.8+0.3+1.5+0.4+1.4

Next day

+2.3+1.1+1.2+0.1+2.1

-0.9+1.3-2.2+1.3-2.2

+0.2+2.0-1.8+1.3-1.1

-5.7+0.3-6.0+0.7-6.4

-3.4+1.1-4.5+0.5-4.0

-8.4-3.2-5.2-1.4-7.0

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 215Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Sundae Capital Advisors, manager to the open offer by Marwadi Chandarana Intermediaries Brokers for shares of Trucap Finance, filed an update with the exchanges. An appeal before the Securities Appellate Tribunal was heard on Oct 8, 2026. The Tribunal granted additional time to file a rejoinder. The matter is now listed for the next hearing on Nov 3, 2026.

Likely market impact

Acquisition tied up in litigation. Next SAT hearing on Nov 3, 2026 will decide if the open offer proceeds. No change for shareholders until then.