Outcome of Right Issue Committee Meeting held today i.e. September 25, 2025
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Trustedge Capital Ltd (formerly Adinath Exim Resources Limited) has approved a Rights Issue of up to ₹26.99 crores through its Rights Issue Committee meeting held on September 25, 2025. The company will issue 33,74,428 fully paid-up equity shares at ₹80 per share (face value ₹10, premium ₹70) in the ratio of 49 rights shares for every 85 shares held. The record date is fixed as October 1, 2025 to identify eligible shareholders. The rights issue opens on October 9, 2025 and closes on October 16, 2025. Post-issue, the total equity share count will rise from 58,53,600 to 92,28,028 shares assuming full subscription.
Eligible shareholders as on the record date (October 1, 2025) will get the right to subscribe to additional shares at ₹80 each, potentially diluting existing holdings by about 57.6% if fully subscribed. Investors should evaluate whether to subscribe, renounce, or sell their rights entitlements based on the issue price relative to prevailing market price.