Trinity Capital extends deadline for auction of Mauritius subsidiary

Trinity Capital announced an extension to the deadline for the auction of its Mauritius subsidiary on Friday.

The AIM-traded firm had initially announced that it was offering for sale at auction Trinity Capital Mauritius, whose sole remaining investment was an interest in a planned mixed-use development in Bandra Kurla Complex, Mumbai, India, on 27 August.

“The company now announces that, in order to maximise the proceeds from the sale of the investment, the deadline for receipt of unconditional bids has been amended from 23 September to 1700 BST on 20 October,” the board said in its statement.

“The company will make further announcements in due course.”