StockWatch
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Investment Company
Rights Issue12 May 2026, 05:01 pm

Trustedge Capital: No Deviation in Rights Issue Proceeds

AI Summary

Trustedge Capital Ltd confirms no deviation or variation in the use of proceeds from its Rights Issue of Equity Shares, as stated in the Letter of Offer dated September 25, 2025, for the quarter ended March 31, 2026. The Rights Issue took place on October 17, 2025, raising ₹2699.54 lakhs. A statement of deviation is enclosed, and the information is available on the company's website.

Key Highlights

  • Trustedge Capital reports no deviation in Rights Issue proceeds for Q4 FY26.
  • Rights Issue raised ₹2699.54 lakhs on October 17, 2025.
  • Statement confirms adherence to original objectives outlined in Letter of Offer.
  • Monitoring Agency CARE Ratings Limited was applicable.