Company: TOP
Filing Date: 2025-08-13
Form Type: 20-F
Source: 0001213900-25-075728
Chunk: 59

Company: TOP Financial Group Ltd
Filing Date: 2025-08-13
Form: 20-F
Item: Item 10
Chunk 59
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 and terms of purchase have first been authorized by a resolution of the company. In addition, under the Companies Act and our amended
and restated memorandum and articles of association, our Company may accept the surrender of any fully paid share for no consideration
unless, as a result of the surrender, the surrender would result in there being no shares outstanding (other than shares held as treasury
shares).

Variations of Rights of Shares

If at any time, our share capital is divided into
different classes of shares, all or any of the rights attached to any class of our shares may (unless otherwise provided by the terms
of issue of the shares of that class) be varied with the consent in writing of the holders of three-fourths of the issued shares of that
class or with the sanction of a resolution passed by at least a two-thirds majority of holders of shares of that class as may be present
in person or by proxy at a separate general meeting of the holders of shares of that class.

Changes in Capital

We may from time to time by an ordinary resolution
of our shareholders:

  increase the share capital of our Company by new shares of such amount as it thinks expedient;                                                                                                        
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  consolidate and divide all or any of our share capital into shares of larger amount than its existing shares of shares;                                                                               
  subdivide its existing shares, or any of them, into shares of a smaller amount provided that in the subdivision the proportion between the amount paid and the amount, if any, unpaid on each red...  
  cancel any shares that, at the date of the passing of the resolution, have not been taken or agreed to be taken by any person and diminish the amount of its share capital by the amount of the s...  

Our shareholders may by special resolution, subject
to confirmation by the Grand Court of the Cayman Islands on an application by our company for an order confirming such reduction, reduce
its share capital and any capital redemption reserve in any manner authorized by the Companies Act.

Inspection of Books and Records

Holders of our Ordinary Shares will have no general
right under Cayman Islands law to inspect or obtain copies of our list of shareholders or our corporate records. However, we will provide
our shareholders with annual audited financial statements.

Rights of Non-Resident or Foreign Shareholders

There are no limitations imposed by our amended
and rest