BSETrustedge Capital LtdHighNeutral
Announced Thu, 25 Sept · 21:05 IST

Outcome of the meeting of the Rights Issue Committee of the Company held on today i.e. September 25, 2025 pursuant to Regulations 30 and 42 of the Securities and Exchange Board of India ....

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AI summary

Trustedge Capital Ltd (formerly Adinath Exim Resources Limited) has finalised the terms of its Rights Issue of up to ₹27 crore, approved by the Rights Issue Committee 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), aggregating to about ₹26.99 crore assuming full subscription. The rights entitlement ratio is 49 rights shares for every 85 shares held, with the record date set for October 1, 2025. The 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, a dilution of roughly 57.6% on full subscription.

Likely market impact

Eligible shareholders as on the record date of October 1, 2025 can subscribe to the rights shares in the 49:85 ratio; existing shareholders who do not participate will see their holding diluted by about 57.6%. The stock may see short-term pressure around the record date and issue window as entitlement trading and renunciation take place.