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TruCap Finance Terminates Key Agreements with Acquirer

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TruCap Finance Terminates Key Agreements with Acquirer

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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.

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