TCC Concept Ltd — Important, 14-10-2025: Company Update

The Board has approved a preferential issue of 1,18,19,109 equity shares at Rs. 557.9445 per share, totaling Rs. 659.44 Cr. These shares will be issued to fund the acquisition of a 95.18% stake in Pepperfry. This strategic move, contingent on shareholder and regulatory approvals, allows the company to integrate Pepperfry into its operations without a cash outflow. This significant step expands the company's business footprint and aligns stakeholder interests through a share-based consideration.