Intimstion for Revision of Record date for Reduction of Share Capital
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TCFC Finance Limited has revised the record date for giving effect to the reduction of its paid-up share capital pursuant to an NCLT order. The earlier record date of Thursday, June 4, 2026 has been changed to Monday, June 8, 2026. The revision was approved by the Board of Directors through a circular resolution passed on June 3, 2026. The company has informed BSE about this change for the benefit of shareholders and stakeholders.
Shareholders holding shares as of the revised record date (June 8, 2026) will be eligible for the capital reduction process. Investors should be aware that a reduction in share capital typically decreases the share price proportionally and is often done to write off losses or restructure the balance sheet.