TCFC Finance Limited has announced the opening of a special window for shareholders to re-lodge transfer requests for physical shares. This initiative follows SEBI's regulatory directive to facilitate share transfer processes for investors holding physical securities.

Special Window Details

The company has established a one-year special window period for lodging and re-lodging transfer deeds of physical shares. This facility addresses transfer requests for shares that were sold or purchased prior to April 1, 2019, including previously rejected or unprocessed requests.

Regulatory Compliance

The special window initiative stems from SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. The company has fulfilled its disclosure obligations by informing BSE Limited about this facility through newspaper advertisements.

TCFC Finance Limited has published newspaper advertisements to ensure wide dissemination:

• Financial Express (English) - March 24, 2026
• Mumbai Lakshwadeep (Marathi) - March 24, 2026

Transfer Process and Eligibility

Shares transferred through this special window will be credited to the transferee only in dematerialized mode after following due process. These shares will be subject to specific restrictions during the lock-in period.

Company and Contact Information

TCFC Finance Limited, incorporated with CIN L65990MH1990PLC057923, operates from its registered office at Raheja Chambers, Nariman Point, Mumbai. The announcement was signed by Zinal M. Shah, Company Secretary & Compliance Officer, and dated March 24, 2026.

Eligible shareholders are encouraged to utilize this opportunity to complete their pending share transfer formalities within the specified timeframe. The facility requires original share certificates along with transfer deeds and supporting documents.

Hindustan Adhesives Limited has released its unaudited financial results for the third quarter and nine months ended December 31, 2025, showing mixed performance across key metrics. The results were reviewed by the audit committee and approved by the Board of Directors on February 14, 2026.

Financial Performance Overview

The company's quarterly performance reflects varied trends across different periods. Revenue from operations for Q3FY26 declined compared to the previous year, while profitability showed improvement.

Nine-Month Performance

For the nine-month period from April to December 2025, the company demonstrated stronger overall performance with significant revenue generation and profitability.

Strategic Investment and Corporate Developments

During Q3FY26, Hindustan Adhesives made a substantial investment in its wholly-owned subsidiary. The company invested ₹300 lakhs in 10,00,000 equity shares of Bagla Technopack Private Limited at ₹30 per share, including a premium of ₹20 per share. This investment was based on a valuation report from an independent valuer considering projected financial performance and relevant factors.

Operational Expenses and Cost Structure

The company's expense structure for Q3FY26 included cost of materials consumed at ₹35.21 crores, employee benefits expense of ₹5.88 crores, and finance costs of ₹1.72 crores. Total expenses for the quarter amounted to ₹59.80 crores compared to ₹67.79 crores in Q3FY25.

Regulatory Impact and Exceptional Items

The implementation of new labour codes effective from November 21, 2025, resulted in an exceptional item of ₹29 lakhs. This impact includes increased gratuity liability from past service costs and higher leave encashment liability. The company classified this as a non-recurring exceptional item due to the legislative nature of the change.

Tax Provisions and Comprehensive Income

For Q3FY26, the company's tax expenses totaled ₹2.28 crores, comprising current tax of ₹1.56 crores and deferred tax of ₹0.72 crores. Total comprehensive income for the quarter matched the net profit at ₹5.57 crores, with no other comprehensive income items reported.