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Trustedge Capital Ltd (formerly Adinath Exim Resources Ltd) has finalised the terms of its proposed Rights Issue of up to ₹27 crore. The company will issue 33,74,428 fully paid-up equity shares at ₹80 per share (face value ₹10, premium ₹70), aggregating to roughly ₹26.99 crore on full subscription. The entitlement ratio is 49 Rights Equity Shares for every 85 shares held, with the record date set as October 1, 2025. The issue opens on October 9, 2025 and closes on October 16, 2025. Post-issue, the total equity share count will rise from 58,53,600 to 92,28,028 shares assuming full subscription. The Letter of Offer has been approved and will be dispatched to eligible shareholders.
Eligible shareholders as on October 1, 2025 will get the right to subscribe to additional shares at ₹80; this will dilute existing holdings by roughly 36.6% on full subscription. The ₹80 issue price implies the company has set a benchmark valuation reference point. No specific use of proceeds has been disclosed in this filing.