StockWatch
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Other Financial Services
Open Offer8 Sept 2026, 12:13 pm

TruCap Finance Open Offer: Hearing adjourned to Oct 8

AI Summary

TruCap Finance Ltd has provided an update on the open offer initiated by Marwadi Chandarana Intermediaries Brokers Private Limited. Following a hearing on September 7, 2026, before the Securities Appellate Tribunal, SEBI has been directed to file its reply within two weeks. The appellant will then have two weeks for a rejoinder. The matter is now scheduled for further hearing on October 8, 2026. This update follows a previous submission on September 1, 2026.

Key Highlights

  • Open offer update for TruCap Finance shareholders.
  • SEBI to file reply within two weeks.
  • Appellant to file rejoinder within two weeks.
  • Next hearing scheduled for October 8, 2026.
  • Legal proceedings concerning the open offer continue.