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

TCC Concept Limited has allotted 1,06,10,690 equity shares on a preferential basis to 30 non-promoter investors. These shares, valued at Rs. 592.01 Cr, were issued as consideration for acquiring an 89.09% stake in Pepperfry Limited through a share swap. This move signifies a strategic step in the company's expansion plans, allowing it to gain a majority holding in Pepperfry and potentially enhancing its operational reach and market presence.