Submission of Newspaper Publication for fixing record date for Reduction of Paid up Share Capital
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
TCFC Finance Ltd has published newspaper advertisements informing shareholders about the fixation of a record date for implementing an NCLT Mumbai Bench order dated April 22, 2026, regarding reduction in the company's paid-up share capital. The advertisements were published on May 27, 2026 in Financial Express (English) and Mumbai Lakshwadeep (Marathi). The capital reduction involves cancellation of equity shares and reduction of paid-up capital as per the court order. This is part of a court-approved restructuring process under the Companies Act, 2013.
The share capital reduction will decrease the number of outstanding shares, which may impact per-share metrics and shareholder percentages. Shareholders should monitor for the actual record date announcement to understand how this affects their holdings.