TCC Concept Ltd — Important, 31-10-2025: Company Update

TCC Concept Limited's board has approved acquiring an additional stake in Pepperfry Limited, now holding a cumulative 98.98% on a fully-diluted basis. Pepperfry is India’s largest omnichannel furniture and home goods e-commerce marketplace, with a turnover of 164.18 Crore for FY 2025. This acquisition, valued at approximately 661.47 Cr, aims to strengthen TCC Concept's e-commerce presence, enhance customer experience, and unlock new growth opportunities. To fund this, the board also increased the size of a preferential issue to 1,18,55,560 equity shares, which will be issued to the sellers as consideration, pending shareholder and regulatory approvals.