Trustedge Capital Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/09/2025 ,inter alia, to consider and approve Rights issue committee meeting ....
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Trustedge Capital Ltd has postponed its Rights Issue Committee meeting that was originally scheduled for September 6, 2025. The postponement is because the company has not yet received the in-principle approval from BSE for the proposed rights issue. The meeting has now been rescheduled to September 9, 2025, and remains subject to receiving BSE approval and meeting other regulatory requirements. When held, the committee will decide key details of the rights issue, including the issue price, rights entitlement ratio, record date, and issue schedule. No further details on the size, price, or purpose of the rights issue have been disclosed at this stage.
This is a procedural update and not a material change to the underlying rights issue plan. Shareholders should wait for the committee meeting on September 9, 2025, where final terms of the rights issue will be confirmed; until then, the exact dilution, pricing, and timing remain uncertain.