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The latest announcement is out from TruCap Finance Limited ( (IN:TRU) ).
TruCap Finance Limited announced the termination of a share purchase agreement and a securities subscription agreement with Marwadi Chandarana Intermediaries Brokers Private Limited. This termination means the acquirer will not gain control over the company, impacting the anticipated fund infusion from the acquirer, which was expected to support the company’s financial operations.
More about TruCap Finance Limited
TruCap Finance Limited operates in the financial services industry, focusing on providing financial solutions and services. The company is involved in equity shares and convertible warrants transactions, indicating a focus on investment and capital markets.
Average Trading Volume: 120,924
Technical Sentiment Signal: Sell
Current Market Cap: 1.52B INR
Learn more about TRU stock on TipRanks’ Stock Analysis page.