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

TCC Concept Limited's board has approved the acquisition of an additional stake in Pepperfry Limited, taking its total holding to 98.98% on a fully-diluted basis. Pepperfry, a leading omnichannel furniture and home goods e-commerce marketplace with FY25 turnover of Rs. 164.18 Cr, will significantly boost TCC Concept's digital footprint. The acquisition, valued at Rs. 661.47 Cr, will be funded by issuing 1,18,55,560 equity shares of Rs. 10 face value at Rs. 557.94 per share to Pepperfry's sellers via a preferential allotment, pending shareholder and regulatory approvals. This move is poised to enhance operational synergies and unlock new growth in technology-enabled consumer platforms.