Intimation of Proposed Closure of branch offices under Regulation 30 of SEBI LODR Regulations 2015.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Real Touch Finance Ltd, an NBFC, has disclosed plans to close 8 branch offices across Tamil Nadu including Arani, Kanchipuram, Vandavasi, Tindivanam, Villupuram, Tiruvannamalai, Chengalpattu, and Thiruvallur. The closures are scheduled for 10th July 2026. The company states the decision is aimed at making operations more efficient and streamlined. The filing explicitly states that these closures will not materially impact operations or financial performance. All existing loan accounts and customer relationships will continue to be serviced through their Corporate Branch Office in Chennai. The company is also issuing a public notice in compliance with RBI's NBFC Branch Authorisation Directions, 2025.
This appears to be routine branch rationalization with minimal impact expected on the company's financials. The stock is unlikely to see any significant reaction as the company itself has downplayed any material effect from these closures.