TruCap Finance Ltd. News and Updates

Keep track of all breaking news on TruCap Finance Ltd. from all sources in a single place.

27 May 2025

15.86

1.99%

Marwadi Chandarana to buy 75% stake in TruCap Finance for Rs 207 crore

Business Standard

Marwadi Chandarana Intermediaries Brokers has entered into an agreement to acquire 75 per cent stake in non-banking financial company TruCap Finance with an investment of Rs 207 crore. This investment includes a mix of capital infusion through preferential allotment of equity shares and convertible warrants, and a secondary purchase of 3.68 crore shares from the existing promoter group of TruCap, the NBFC said in a stock exchange filing. This transaction will trigger an open offer under the Sebi's rules. Following the investment, MCG will be classified as the new promoter, and the existing promoter group's stake will be reduced to zero. In its filing on Monday, the NBFC said, "Marwadi Chandarana Intermediaries Brokers Pvt Ltd, an entity of Marwadi Chandarana Group (MCG) has entered into definitive documents to acquire a majority stake (approximately 75 per cent) in TruCap Finance Ltd, a non-banking financial company". With a combined net worth of approximately Rs 2,500 crore, MCG

TruCap Finance Ltd. is trading below its 200 day SMA of 17.2

TruCap Finance Ltd.

26 Feb 2025

15.86

1.99%

InCred Finance to acquire gold loans biz of TruCap Finance via slump sale

Business Line

The proposed acquisition is subject to the execution of long form documents, obtaining necessary approvals and the fulfilment of all conditions precedent to closing

TruCap Finance Ltd. has lost -22.33% in the last 6 Months

TruCap Finance Ltd.

16 Dec 2024

15.86

1.99%

52 Week Low Stocks Today on December 16, 2024: Coffee Day Enterprises, Bright Solar & others hit 52 week low today ;Check the full list here?

livemint

52 Week Low Stocks Today on December 16, 2024: Following shares hit their 52 week low today - Coffee Day Enterprises, Bright Solar, Universus Photo Imagings, ZF Commercial Vehicle Control Systems India, Trucap Finance