Sundae Capital Advisors Private Limited submitted an update to National Stock Exchange of India Limited and BSE Limited regarding the ongoing matter before the Securities Appellate Tribunal (SAT) concerning an open offer by Marwadi Chandarana Intermediaries Brokers Private Limited for Trucap Finance Limited.
The matter was listed for hearing on June 16, 2026, before the Hon'ble Securities Appellate Tribunal. Counsel for the Appellant presented arguments during the hearing. However, due to paucity of time, the matter could not be fully heard and was declared part-heard.
The next hearing date has been scheduled for Thursday, June 18, 2026. The interim stay that was originally granted through an order dated February 11, 2026, has been extended and will remain in effect until the next date of hearing.
The document was digitally signed by Chirag Pareek, Manager, on June 17, 2026, at 14:35:08 +05:30.