Hey Mukund, if you opted for the TFWS scheme, you cannot opt out of it after CAP 1 results are out. If you are dissatisfied with your allotment you can float and opt to go for CAP round 2, but even still you will be allotted a seat through the TFWS scheme. Another thing you should keep in mind before taking admission anywhere through TFWS is that you are not allowed to change your branch, college or course later. Make a well informed choice and good luck!