The Board Meeting to be held on 17/09/2025 has been revised to 19/09/2025 Rights issue committee meeting has been rescheduled and it will be held on Friday, September 19, 2025 for considering ....
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Trustedge Capital Ltd has postponed its Rights Issue Committee meeting once again, now rescheduled to Friday, September 19, 2025. This is the fifth rescheduling — originally set for September 6, it was pushed to September 9, then 12, then 17, and now 19. The delay is because the company is still waiting for in-principle approval from BSE for the proposed rights issue. When held, the committee will decide the issue price, rights entitlement ratio, record date, and issue schedule for the rights issue.
Repeated delays in the rights issue committee meeting suggest regulatory clearance from BSE is still pending, which may create uncertainty for shareholders awaiting clarity on entitlement terms and pricing.