TCFC Finance Limited held its 35th Annual General Meeting on July 7, 2026, through video conferencing, passing all resolutions with the requisite majority. The meeting approved the adoption of the Annual Standalone Financial Statements for the financial year ended March 31, 2026, and the re-appointment of Mr. Dharmil A. Bodani as Director. The voting results were disclosed in compliance with Regulation 44(3) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

The meeting was chaired by Mr. Dharmil A. Bodani, Chairman and Non-executive Director. A total of 92 shareholders attended via video conferencing out of 16,295 shareholders on record as of the cut-off date of June 30, 2026. Remote e-voting was conducted from July 4 to July 6, 2026, with electronic voting available during the meeting. CS Nisha Verma of M/s N.V & Associates served as the Scrutinizer.

Voting Results Summary

The resolutions were passed as ordinary resolutions. The total votes polled stood at 7,159,492, representing 68.30% of the outstanding shares.

Detailed Breakdown

For the adoption of financial statements, the Promoter and Promoter Group cast 7,126,677 votes in favour, while Public Non-Institutions cast 32,815 votes, with 24,970 against the resolution. Regarding the re-appointment of the Director, the Promoter and Promoter Group cast 7,126,677 votes in favour, and Public Non-Institutions cast 32,632 votes in favour, with 183 votes against. No invalid votes were recorded for either resolution.

TCFC Finance Limited reported a net loss of ₹18.15 million for the financial year ended March 31, 2026, compared to a net profit of ₹12.17 million in the previous year. The company recorded a total revenue from operations of ₹15.79 million, a decrease from ₹23.13 million in FY25. The decline in performance was primarily attributed to uneven market conditions resulting in lower returns.

The company’s Board of Directors has not recommended any dividend for the financial year 2025-26, citing the need to conserve resources to support operational stability. Consequently, no amount was transferred to the Statutory Reserve during the year in compliance with the provisions of Section 45-IC of the Reserve Bank of India Act, 1934.

Financial Performance

The financial highlights for the year indicate a significant shift in profitability. The company reported a loss before tax of ₹34.20 million, compared to a profit before tax of ₹13.90 million in the previous year. Other comprehensive income stood at ₹0.17 million, a reversal from the negative figure of ₹0.16 million in FY25.

35th Annual General Meeting

The company will convene its 35th Annual General Meeting on Tuesday, July 7, 2026, at 11:00 a.m. through video conferencing and other audio-visual means. The meeting will be conducted in accordance with the provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The business to be transacted at the AGM includes the adoption of the audited standalone financial statements for the financial year ended March 31, 2026, and the re-appointment of Mr. Dharmil Bodani as a Director, who retires by rotation and is eligible for re-appointment.

Corporate Governance and Compliance

The company has appointed M/s. Desai Saksena & Associates, Chartered Accountants, as the Statutory Auditors for a term of five years. The auditors' report does not contain any qualifications, reservations, or adverse remarks. M/s. Aabid & Co. has been appointed as the Secretarial Auditor for the financial year 2025-26 to 2029-30.

The Register of Members and Share Transfer Books will remain closed from Wednesday, July 1, 2026, to Tuesday, July 7, 2026, for the purpose of the AGM. Electronic copies of the Annual Report and the AGM notice will be sent via email to registered members.