TCFC Finance Limited has received approval from the Hon'ble National Company Law Tribunal, Mumbai Bench-I (NCLT) for its Scheme of Selective Capital Reduction. The NCLT Order dated 22nd April, 2026 approves the cancellation of 5,33,334 shares held by TCFC Finance Limited in its own name.
The Board of Directors has fixed 08th June, 2026 as the Cut-off Date for implementing the selective reduction of the company's share capital. The capital reduction will be implemented with reference to the shareholding position as on the close of business hours on 08 June, 2026.
The company has requested shareholders to take note of these developments and extend their cooperation for smooth implementation of the approved capital reduction.