REG - India CapitalGrwthFd - Net Asset Value Daily Estimate

India Capital Growth FundAnnouncement

Mon 15:00

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RNS Number : 7428J  India Capital Growth Fund Limited  01 December 2025

1 December 2025

India Capital Growth Fund Limited

("ICGF" or the "Company")

LEI: 213800TPOS9AM7INH846

Estimated Net Asset Value ("NAV") statement as at 1 December 2025

The Company announces its NAV per ordinary share as at 1 December 2025 was
estimated to be 194.89 pence. The Company also announces its NAV per ordinary
share before Indian CGT deferred tax provision as at 1 December 2025 was
estimated to be 206.68 pence.

 

Notes on estimating the NAV per ordinary share following the redemption of
ordinary shares under the Company's Redemption Facility as at 28 November 2025
and pending announcement of the Redemption Price per ordinary share under the
Redemption Facility which is expected to be made on 8 December 2025.

The estimated NAV per ordinary share has been calculated based upon 67,408,124
ordinary shares in issue (excluding ordinary shares held in treasury)
following the redemption of 16,967,020 ordinary shares (Redemption Shares)
under the Company's Redemption Facility at 28 November 2025.

The estimated NAV per ordinary share includes the benefit of an estimate of
the Exit Discount on the Redemption Pool that will be surplus to the costs of
realising proceeds for the Redemption Pool. Such estimate equates to £900,000
or 1.33515 pence per ordinary share in issue as at 1 December 2025.

The estimated NAV per ordinary share does not include any adjustment which may
result from the potential sale to incoming investors of Redemption Shares from
the Redemption Pool in December 2025 which may or may not occur following
determination of the Redemption Price.

This estimated daily NAV is provided by the Investment Manager of the Company
and is, by its nature, based on incomplete and estimated data. The making of
such an estimate involves known and unknown risks, uncertainties and other
factors which may cause the estimated results, performance, or achievements to
be different from any actual results, performance, or achievements.

 

ENQUIRIES

 River Global, AIFM and Investment Manager                                +44 7702 799 117

Lucy Draper, Robin Sellers
 Neville Registrars Limited, Registrar and Receiving Agent                +44 121 585 1131
 Shore Capital, Financial Adviser and Broker                              +44 20 7408 4050

Gillian Martin, Daphne Zhang (Corporate Advisory)

Fiona Conroy (Corporate Broking)
 Apex Fund and Corporate Services (Guernsey) Limited (Company Secretary)  +44 20 3530 3687

Matt Lihou                                                              indiacapitalbox@apexgroup.com (mailto:indiacapitalbox@apexgroup.com)

 

 

 

About India Capital Growth Fund

India Capital Growth Fund Limited, the London Stock Exchange's main market
listed investment company registered and incorporated in Guernsey, was
established to take advantage of long-term investment opportunities in
companies based in India. ICGF predominantly invests in listed mid and small
cap companies, although investments may also be made in large cap and private
Indian companies where the Fund Manager believes long-term capital
appreciation will be achieved. www.indiacapitalgrowth.com
(http://www.indiacapitalgrowth.com)

 

 

 

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