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TCFC Finance LtdImportant, 22-04-2026: Company Update

22-04-2026 · 08:43 pm

TCFC Finance has received approval from the Hon'ble National Company Law Tribunal (NCLT) for a reduction in its share capital. The company will cancel 5,33,334 equity shares of INR 10 each, which are currently held by the company, without any consideration. This restructuring will reduce the paid-up equity share capital from INR 10.48 Cr (1,04,82,129 shares) to INR 9.95 Cr (99,48,795 shares). This move, overwhelmingly approved by shareholders, impacts the company's equity structure, with the company now proceeding to implement the NCLT order.

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