TCM Ltd — Updates, 22-05-2025: Company Update

TCM Limited has announced a board meeting on the acquisition of 100% stake in Better Feeds Private Limited, a manufacturer of cattle and poultry feed based in Kerala. The acquisition, valued up to Rs. 7.65 Cr in cash, aims to expand TCM’s manufacturing capacity and enhance turnover and profits. Better Feeds owns factory land and modern machinery, offering growth potential for TCM’s feed business. Completion depends on due diligence and execution of a definitive agreement. This move strengthens TCM’s presence in the livestock feed segment, benefiting shareholders through business expansion.