Split21 Jul 2026, 06:30 pm
TCC Concept Ltd 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 a sub-division of its existing equity shares. Each equity share with a face value of ₹10 will be split into five equity shares with a face value of ₹2. This move aims to make the shares more affordable and improve liquidity. The company also approved amendments to its Memorandum of Association, including adding new object clauses related to IT solutions and services. These proposals are subject to shareholder and regulatory approvals. The board meeting commenced at 4:30 PM IST and concluded at 5:00 PM IST.
Key Highlights
- Board approved a 1:5 equity share sub-division.
- Face value to change from ₹10 to ₹2 per share.
- Objective is to enhance affordability and liquidity.
- MOA amendments, including IT services, also approved.
- Shareholder and regulatory approvals are pending.
Price Impact
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