Newspaper publication under regulation 92 of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements),2018 post allotment of shares on right basis
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Trustedge Capital Ltd (formerly Adinath Exim Resources Limited) has published newspaper advertisements on October 20, 2025, as required by SEBI regulations, disclosing details of its recently completed Rights Issue. The company allotted up to 33,74,428 fully paid-up equity shares of face value Rs. 1 each at an issue price of Rs. 50 per share (including Rs. 40 premium), aggregating up to Rs. 2,699.54 lakhs, in the ratio of 49 rights shares for every 85 shares held. The record date for eligibility was October 1, 2025, and the allotment was completed on October 17, 2025. Out of 410 total applications received for 41,15,336 equity shares, 120 applications for 4,09,036 shares were rejected. The advertisements were published in Financial Express (English and Gujarati editions) and Jansatta (Hindi) newspapers.
This is a procedural post-allotment disclosure, confirming the rights issue is complete and shares have been allotted to eligible shareholders. Existing investors who exercised their rights will see new shares credited, and the company has successfully raised fresh capital. No new fundamental change — primarily a compliance formality.