
Legal15 Jun 2026, 06:30 pm
TruCap Finance: Securities Appellate Tribunal Hearing Extended
AI Summary
Sundae Capital Advisors Pvt Ltd, acting as the Manager to the Offer for TruCap Finance Ltd, has provided an update regarding a legal matter. The hearing scheduled for June 12, 2026, before the Hon'ble Securities Appellate Tribunal was partially completed, with the Appellant presenting arguments. Due to time constraints, the submissions could not be finalized. The hearing has been rescheduled for June 16, 2026, at 2:30 pm. Importantly, the interim stay granted on February 11, 2026, has been extended until the next hearing date.
Key Highlights
- Securities Appellate Tribunal hearing rescheduled to June 16, 2026.
- Appellant's arguments were presented but not concluded.
- Interim stay order extended until the next hearing.
- Legal proceedings continue for TruCap Finance Ltd.
Price Impact
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