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

TCC Concept Limited's Board has approved the acquisition of a 95.18% stake in Pepperfry Limited, a leading omnichannel furniture and home goods e-commerce marketplace. This strategic move, valued at approximately Rs 659.44 Cr, involves a share swap where TCC will issue 1,18,19,109 equity shares. The deal aims to bolster TCC's presence in the e-commerce sector, create operational synergies, and enhance customer experience, aligning with its vision for scalable, technology-enabled consumer platforms. Pepperfry reported a turnover of Rs 164.18 Cr for FY 2025. The acquisition is expected to be completed by December 15, 2025, pending necessary approvals.