TruCap Finance has informed that the Board of Directors of the Company has approved the withdrawal of the aforesaid preferential issue which was approved in the board meeting held on December 19, 2022, as the proposed allottee did not subscribe to the preferential issue within the time limit prescribed under Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended.
The above information is a part of company’s filings submitted to BSE.