Yogen Khosla has significantly increased his shareholding in Capital Trust Limited through participation in the company's rights issue, as disclosed in a regulatory filing under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations.

Shareholding Enhancement Details

The acquisition has resulted in a substantial increase in Khosla's ownership stake in the company. The transaction was completed through subscription to the rights issue, which qualifies for exemption under SEBI regulations.

Regulatory Compliance Framework

The acquisition was made under the exemption provisions of Regulation 10(4)(a) and 10(4)(b) of the SEBI SAST Regulations, 2011. These regulations provide specific exemptions for acquisitions made through rights issues, allowing existing shareholders to increase their stakes without triggering mandatory open offer requirements.

The disclosure was filed pursuant to Regulation 10(6) of the SAST Regulations, which mandates reporting of acquisitions made under exemption provisions. Capital Trust Limited's shares are listed on both BSE and NSE, with scrip code 511505 and symbol CAPTRUST respectively.

Transaction Structure

The shares were allotted pursuant to subscription in the rights issue, representing a standard method for existing shareholders to maintain or increase their proportional ownership in the company. The filing indicates that no prior disclosure under Regulation 10(5) was required for this transaction, as it falls under the exempted category of rights issue participation.

This acquisition demonstrates Khosla's continued confidence in Capital Trust Limited's prospects and his commitment to maintaining a significant stake in the company's future growth trajectory.

Capital Trust Limited has successfully completed the full utilization of Rs. 23.81 crore raised through its rights issue, according to the first and final monitoring agency report for the quarter ended December 31, 2025. The report, prepared by Brickwork Ratings India Private Limited, confirms that all funds have been deployed in accordance with the original offer document.

Rights Issue Details

The rights issue was conducted from October 20, 2025, to November 11, 2025, involving 1,70,09,702 equity shares priced at Rs. 14 per share. The company successfully raised the targeted amount of Rs. 23.81 crore through this rights offering.

Fund Utilization Breakdown

The monitoring agency report reveals that all proceeds have been fully utilized across the four designated purposes outlined in the offer document. The deployment was completed during the quarter with no unutilized amounts remaining.

Monitoring Agency Assessment

Brickwork Ratings India Private Limited, appointed as the monitoring agency under SEBI regulations, conducted a comprehensive review of the fund utilization. The agency confirmed several key aspects:

• All utilization aligned with disclosures in the offer document
• No material deviations observed from the stated objectives
• All necessary government and statutory approvals were obtained
• No unfavorable events affecting the viability of the objects were identified

The monitoring was conducted based on bank statements, invoices, company letters, chartered accountant certificates, and PAS certificates provided by the company.

Regulatory Compliance

The report was prepared in compliance with Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 82(4) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The verification was conducted by D P Bhardwaj & Associates Chartered Accountants.

Company Background

Capital Trust Limited operates as a Non-Banking Financial Company (NBFC) with promoters Mr. Yogen Khosla and M/S Moonlight Equity Private Limited. The company's registered office is located at 205 Centrum Mall, Sultanpur, M G Road, New Delhi-110030.

The successful completion of fund utilization as per the original plan demonstrates the company's adherence to its stated objectives and regulatory compliance requirements. This marks the conclusion of the monitoring process for the rights issue proceeds, with the agency designating this as the first and final monitoring report.