In QuotedData’s morning briefing 3 January 2024:
India Capital Growth says that 15,159,876 shares, equivalent to 15.7% of its issued share capital, have been submitted to its annual redemption facility. The redemption price will be annouunced on 8 January 2024. [That is quite a blow for a fund that has delivered a 35% share price return over the past 12 months and is only trading on a 3.8% discount. I guess this reflects profit taking.]