Trustedge Capital Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/09/2025 ,inter alia, to consider and approve Rights issue committee meeting ....
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Trustedge Capital Ltd (formerly Adinath Exim Resources Limited) has postponed its Rights Issue Committee meeting to Friday, September 12, 2025. The meeting was originally scheduled for September 6, 2025, and had earlier been pushed to September 9 before the latest delay. The company stated the postponement is because it is still awaiting in-principle approval from BSE Limited for the proposed rights issue. Once held, the committee will consider and approve key terms including the issue price, rights entitlement ratio, record date, and issue schedule. No specific terms or pricing details of the rights issue have been disclosed yet.
The delay is procedural and tied to pending BSE approval, but it keeps shareholders in the dark on dilution terms (price, ratio, record date) a little longer, which may add short-term uncertainty to the stock.