TCC Concept Ltd — Important, 08-12-2025: Company Update

TCC Concept's Management Committee has approved the allotment of 1.06 Cr new equity shares via a preferential issue. This finalizes the acquisition of an 89.09% stake in Pepperfry Limited through a share swap, making Pepperfry an official subsidiary. Pepperfry, India’s largest omnichannel furniture and home goods e-commerce marketplace with FY25 turnover of Rs 164.18 Cr, brings significant synergy. This Rs 592.02 Cr acquisition boosts TCC Concept's e-commerce presence, aiming to enhance customer experience and unlock new growth opportunities in technology-enabled consumer platforms.