TCFC Finance: NCLT Approves Selective Capital Reduction

TCFC Finance Limited announced that the National Company Law Tribunal (NCLT), Mumbai Bench-I, has approved its Scheme of Selective Capital Reduction. This approval involves the cancellation of 5,33,334 shares held by the company in its own name. The Board of Directors has set June 8, 2026, as the cut-off date to implement this reduction, which will be based on shareholding as of the close of business hours on that day. Shareholders are advised to note this date for the effective implementation of the capital reduction.