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Split24 Aug 2026, 04:00 pm

TCC Concept Fixes Sept 4, 2026 Record Date for 1:5 Share Split

AI Summary

TCC Concept Ltd has announced that the Board of Directors has fixed September 4, 2026, as the record date for the sub-division of its equity shares. Each existing equity share with a face value of ₹10 will be split into five equity shares of ₹2 each. This corporate action, aimed at increasing liquidity and making shares more accessible, was previously approved by shareholders via postal ballot on August 22, 2026. The sub-division is expected to enhance the attractiveness of the company's stock to a wider investor base.

Key Highlights

  • Record date set for September 4, 2026, for equity share sub-division.
  • Each ₹10 share will be split into five ₹2 shares.
  • Shareholder approval for the 1:5 split was obtained on August 22, 2026.
  • The split aims to improve stock liquidity and accessibility.