TCFC Finance Ltd — Important, 12-12-2025: Company Update
12-12-2025 | 03:43 pm
12-12-2025 | 03:43 pm
TCFC Finance has received an NCLT order admitting its petition to reduce equity share capital. The company intends to reduce its paid-up capital from INR 10.48 Cr to INR 9.95 Cr. This action involves cancelling 5,33,334 equity shares of INR 10 each currently held by the company without any payment. A corresponding adjustment will debit outstanding paid-up equity capital by INR 0.53 Cr and credit retained earnings by the same amount. The NCLT has directed the company to issue necessary notices to creditors and authorities regarding this proposed capital restructuring.
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