Trustedge Capital Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/09/2025 ,inter alia, to consider and approve proposal for raising of funds ....
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Trustedge Capital Ltd (formerly Adinath Exim Resources Limited) has informed BSE that its Board of Directors will meet on September 2, 2025 to consider and approve a proposal for raising funds. The funds may be raised through issue of equity shares and/or convertible securities or other securities via rights issue, preferential issue, or qualified institutions placement (QIP), subject to regulatory approvals. The Board will also constitute a Rights Issue Committee. The trading window for designated persons has been closed from August 28, 2025 until 48 hours after the outcome is communicated to the exchange.
Existing shareholders may face potential dilution depending on the mode and size of the fund raise decided by the Board. The stock could see volatility around the meeting date; investors should await details on pricing, size, and use of proceeds.