Real Touch Finance Ltd Plans Closure of Multiple Branch Offices
Real Touch Finance Ltd announced plans to cease operations at several of its branch locations, citing a move to enhance operational efficiency and streamline the company's processes.The company confirmed the proposed closure of eight branches, effective on July 10, 2026. These closures include branches situated in various locations, as detailed below.
The branches slated for closure and their respective addresses are:
| Branch Name | Branch Address | Date of Closure |
|---|---|---|
| Arani | No. 1352A/2, VN Natraj Nagar, Arcot Road, Sevoor Village, Arani Taluk, Tiruvannamalai District - 632316 | 10.07.2026 |
| Kanchipuram | No. 18B, Karukinil Amarthaval Koil Street, Kanchipuram- 631502 | 10.07.2026 |
| Vandavasi | No. 363/3, GSM Building, 1st Floor, Acharapakkam Road, Vandavasi Taluk, Tiruvannamalai District -604408 | 10.07.2026 |
| Tindivanam | No. 8/1, Rajampettai Street, Tindivanam, Villupuram District - 604001 | 10.07.2026 |
| Villupuram | No. 34, Old Gingee Road, Pappankulam (Near Toyota Car Showroom), Villupuram - 605602 | 10.07.2026 |
| Tiruvannamalai | Plot No. 07, 1st Floor, Mariyamman Kovil, 10th Street, Manalurpet Main Road, Tiruvannamalai- 606603 | 10.07.2026 |
| Chengalpattu | No.161, 1st Floor, TKM Road, Chengalpattu-PIN - 603301 | 10.07.2026 |
| Thiruvallur | S. No.196/2 Part, TNHB, Kakkalur Village, Thiruvallur-PIN - 602001 | 10.07.2026 |
The company stated that the decision to close these branches aims to make the company's operations more efficient and streamlined. Real Touch Finance Ltd affirmed that the proposed closure will not materially impact the operations or financial performance of the Company.
All existing loan accounts and customer relationships are assured to continue being serviced without disruption through the Company's Corporate Branch Office located at 3rd Floor, Khivraj Complex I, No. 480, Anna Salai, Nandanam, Chennai - 600035.
Stock Price Movement
At the close of trading on Thursday, Real Touch Finance Ltd settled at ₹55.00, slipping 3.83% for the day. Throughout the session, the shares moved across a considerable intraday range, testing lows at ₹55.00 and highs at ₹60.04.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.