Trustedge Capital Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/09/2025 ,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 for the fourth time. The meeting was originally set for September 6, 2025, then moved to September 9, then September 12, and is now rescheduled to Wednesday, September 17, 2025. The reason for the delay is that the company is still waiting for in-principle approval from BSE Limited for the proposed rights issue. When held, the meeting will decide key terms of the rights issue, including issue price, entitlement ratio, record date, and issue schedule. The company has not yet announced any specific terms or pricing details of the rights issue.
Repeated postponements may create uncertainty for shareholders awaiting clarity on the rights issue terms. Until the meeting is held and terms are announced, investors won't know the issue price, ratio, or record date, which are critical for deciding whether to participate.