TruCap Finance Ltd

Resignation of SVP Vishal Miglani

• Vishal Miglani resigned as SVP - Business Loans, effective Sept 30, 2026.
• Reason: personal reasons and future growth.
• Ceased to be senior management personnel from close of business Sept 30, 2026.

Resignation: SVP Vishal Miglani

• Mr. Vishal Miglani resigned as Senior Vice President, Business Loans, Cross Sell, Collaborations & Strategy.
• Effective date: close of business 30 September 2026.
• Reason: personal reasons and future growth.
• Ceased to be senior management personnel on the stated date.
• Initial intimation date was corrected from Sept 20 to Sept 30, 2026.

Senior management change

• Resignation: Vishal Miglani resigns as SVP, ceases to be senior management.
• Effective: Sept 20, 2026; role: SVP – Business Loans, Cross Sell & Strategy.
• Reason: personal reasons and future growth.

Capital / Securities

• Board approved allotment of 9,00,000 equity shares on September 29, 2026 under Dhanvarsha ESOP Plan-2018.
• Paid-up capital increases to ₹23,95,23,742 with 11,97,61,871 shares, ranking pari-passu.

AGM Details

• 32nd AGM held on Sep 29, 2026 at 3:00 p.m. IST via VC/OAVM.
• Remote e-voting ran Sep 26–28, 2026; cut-off Sep 22, 2026.
• AGM concluded at 3:31 p.m. IST, including e-voting time.
• Scrutinizer appointed to report results; filing with exchanges within two working days.

Resolutions

• Ordinary Business 1: Adopt standalone and consolidated financial statements for year ended Mar 31, 2026.
• Ordinary Business 2: Re-appointment of director retiring by rotation (Atwood Porter Collins).

Voting status & notes

• Voting results to be filed with stock exchanges within two working days after the AGM.
• Dividends: no declaration or approval disclosed.
• No material related party transactions disclosed.
• No auditor changes disclosed.

AGM Details

• Date, time, and mode: 29 Sep 2026, 3:00 PM IST, VC/OAVM.

Key Resolutions

• Adopt audited standalone and consolidated financial statements for year ended March 31, 2026.
• Re-appoint director retiring by rotation (Atwood Porter Collins).

Voting & Next Steps

• E-voting results to be filed with stock exchanges within two working days.
• Chair indicated results and Scrutinizer's report will be filed within two working days.

TruCap Finance Limited: Trading window closed from October 01, 2026 till 48 hours after the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ending September 30, 2026 are approved by the Board of Directors and declared to the stock exchanges.

Open Offer Overview

• Acquirer: Marwadi Chandarana Intermediaries Brokers Private Limited; no PACs disclosed.
• Target: Trucap Finance Limited.
• Trigger: Termination of SPA and SSA; open offer under ongoing regulatory process.

Transaction Background

• Triggering transactions: Termination of SPA for 3,68,00,220 shares and SSA for subscription; withdrawal request unresolved.
• SEBI observations issued Jan 30, 2026; SAT orders and appeals ongoing.
• As of date, no stay granted; hearing scheduled.

Timeline and Process

• Advertisement of open offer published September 25, 2025.
• SEBI observations on the draft LOF issued August 20, 2026.
• SAT hearing listed for September 7, 2026.

Regulatory & Risks

• Regulatory approvals: SEBI observations; SAT proceedings; no final approval yet.
• Risk: outcome depends on SAT decisions and SEBI orders.