
Split21 Jul 2026, 08:10 pm
TCC Concept Approves 1:5 Equity Share Split
AI Summary
TCC Concept Ltd announced that its Board of Directors, in a meeting held on July 21, 2026, approved the sub-division of one equity share of face value ₹10 into five equity shares of face value ₹2 each. This move aims to enhance the affordability and liquidity of the company's shares, potentially attracting broader investor participation, especially from retail investors. The approval is subject to shareholder and other necessary regulatory approvals. The company also approved amendments to its Memorandum of Association concerning the capital and object clauses. The split is expected to be completed within prescribed timelines.
Key Highlights
- Board approved 1:5 equity share sub-division.
- Face value changes from ₹10 to ₹2 per share.
- Rationale: Improve affordability and liquidity.
- Requires shareholder and regulatory approvals.
- Consequent amendments to MOA approved.
Price Impact
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