Allotment of 8,85,000 Equity Shares on Preferential Basis

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

-4.9%Reaction day

₹61.00

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-5.4% vs market

Investment Company peers, median of 60sector+0.4%-5.3% vs sector

On the reaction day the stock moved 5.4 pts less than Nifty Microcap 250 and 5.3 pts less than its Investment Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-4.9+0.5-5.4+0.4-5.3

Next day

-9.7+1.0-10.7+1.1-10.7

-5.2+1.0-6.1+1.5-6.6

-5.2+2.4-7.5+3.7-8.8

-0.4+3.1-3.5+3.8-4.2

+4.6+3.6+1.0+4.6+0.0

-5.6+1.7-7.2+3.3-8.9

15d

-9.0+1.8-10.8+2.8-11.8

+19.6+3.6+15.9+2.7+16.8

+145.2+1.0+144.2-0.1+145.4

+73.9+0.5+73.4+1.7+72.3

UpDownMarket · Nifty Microcap 250Sector · Investment Company peers, median of 60Pending

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

AI summary

Trustedge Capital's board approved the allotment of 8,85,000 equity shares to its Promoters Group at ₹57 per share (face value ₹10 + premium ₹47), raising about ₹5.04 crore on a preferential basis. The allottees include the Shantilal Savla Family Trust and four promoter family members. Post-allotment, the company's paid-up equity capital rises to ₹5.85 crore divided into 58,53,600 shares of ₹10 each, and promoter group holdings increase substantially across all five entities. Listing and trading approval for the newly issued shares will be sought from BSE separately.

Likely market impact

This is a relatively small capital raise (around ₹5 crore) from existing promoters, which signals promoter confidence and commitment to the company but causes equity dilution for non-promoter shareholders. The price of ₹57 is well above the ₹10 face value, though no comparison to current market price is disclosed in this filing.