TruCap Finance Ltd

Internal Auditor appointment

• Appointment of M/s Dinesh Jain & Co. as Internal Auditor for FY ending March 31, 2027.
• Effective date: August 13, 2026.
• Reason: appointment as Internal Auditor.
• Profile: DJCA established 1971, internal audit and risk advisory.

Interim CFO appointment

• Appointment of Mr. Shailendra Roy as Interim Chief Financial Officer and KMP, effective August 14, 2026.
• Term: Interim; no end date specified.
• Reason: transition in financial leadership.
• Profile: 15 years in finance; listed NBFC experience; Deputy General Manager - Finance at TruCap.
• Relationship with directors: Not applicable.

Standalone results

• Revenue from operations: ₹1,065.62 lacs; total income: ₹1,218.12 lacs.
• PBT before tax: ₹-1,385.23 lacs; PAT after tax: ₹-1,039.65 lacs.
• EPS (Basic/Diluted): ₹-0.87; Fund Based Activities revenue: ₹1,221.58 lacs.
• Net worth: ₹4,318.93 lacs; total borrowings: ₹19,135.40 lacs; GNPA 49.90%, NNPA 31.50%.
• Loans/Advances ₹12,782.23 lacs; Investments ₹3,725.50 lacs; Intangibles ₹270.18 lacs.

Consolidated results

• Consolidated total income: ₹1,221.58 lacs; revenue from operations: ₹1,126.50 lacs.
• PAT after tax: ₹-1,058.04 lacs; EPS Basic/Diluted: ₹-0.89.
• Cons. Fund Based Activities revenue: ₹1,221.58 lacs; consolidated PBT: ₹-1,403.62 lacs.

Balance sheet snapshot

• Loans/Advances: ₹12,782.23 lacs; Investments: ₹3,725.50 lacs; Intangibles: ₹270.18 lacs.
• Cash: ₹802.45 lacs; Bank balances: ₹982.57 lacs; Borrowings: ₹19,135.40 lacs.
• Total liabilities: ₹33,136.71 lacs; Net worth: ₹4,318.93 lacs.

Going concern and restructuring

• Going concern hinges on restructuring plan and potential equity infusion.
• 60% of lenders by value support the proposed restructuring; 26% yet to revert.
• Penal interest of ₹287.11 lacs reversed during the current period.
• Security cover inadequate since Dec 31, 2025; asset review and lender engagement in progress.

Meeting Details

• Meeting on August 13, 2026; time and venue not disclosed.

Key Agenda Items

• Unaudited standalone and consolidated results for quarter ended June 30, 2026 to be considered and approved.

Other Notes

• No other material notes disclosed.

Open Offer Regulatory Update

• Acquirer: Marwadi Chandarana Intermediaries Brokers Private Limited; Target: Trucap Finance Limited.
• Status: SAT interim order remands matter to SEBI for a speaking order.
• Date: hearing held July 8, 2026; update dated July 10, 2026.
• Impact: final decision by SEBI pending; no finality on offer terms.

Dematerialisation processing and listing status

• Dematerialisation requests processed; securities confirmed to depositories (accepted/rejected).
• Securities dematerialised listed on the stock exchanges where earlier issued securities are listed.
• Physical certificates for dematerialisation were mutilated and cancelled after verification.
• Depository's name substituted as registered owner within 15 days.

Open offer status

• Acquirer: Intermediaries Brokers Private Limited; Target: Trucap Finance Limited.
• Interim SAT order in open offer matter; hearing completed June 18, 2026.
• Order reserved; extended interim stay until further order.
• Update filed June 29, 2026 by Sundae Capital Advisors.

Open Offer Update

• Acquirer: Marwadi Chandarana Intermediaries Brokers Private Limited.
• Target company: Trucap Finance Limited.
• Update relates to an open offer matter before the Hon’ble SAT.

Hearing Status

• Hearing was listed on April 24, 2026.
• Appellant sought and received an adjournment.
• Interim order continues until the next hearing.
• Next hearing is listed for June 12, 2026.

Open Offer Legal Update

• Acquirer is Intermediaries Brokers Private Limited
• Target company is Trucap Finance Limited
• Hon’ble SAT granted two weeks to file rejoinder
• Interim order continues until next hearing on April 24, 2026