TruCap Finance Limited announced a private placement to issue 5,574,912 Convertible Warrants at an issue price of INR 17.9375 for the gross proceeds of INR 99,999,984 on June 13, 2024. The transaction will include participation from new investor Krest Confin Private Limited for 5,574,912 Convertible Warrants. The transaction has been approved by shareholders of company.