TruCap Finance Ltd allots 177028 shares to Aviator Emerging Market Fund

The Board of Directors of TruCap Finance Limited, has vide resolution passed by circulation on August 23, 2022, approved the allotment of 1,77,028 equity shares having face value of Rs. 2/- each at a premium of Rs. 78/- per share to Aviator Emerging Market Fund, upon conversion of 1,77,028 Compulsorily Convertible Debentures (CCDs) held by them.

Consequently, the paid-up equity share capital of the Company has increased from Rs.21,55,48,578/- comprising of 10,77,74,289 equity shares having face value of Rs.2/- each to Rs.21,59,02,634/- comprising of 10,79,51,317 equity shares having face value of Rs.2/- each.

The aforementioned equity shares allotted shall rank pari-passu with the existing equity shares of the Company.

Source : Equity Bulls

Keywords

TruCapFinance SharesAllotment CCDs Conversion AviatorEmergingMarketFund