
TCC Concept Ltd Approves Merger with Wholly Owned Subsidiary ALTRR Software Services
TCC Concept Limited's Board of Directors has approved a Scheme of Amalgamation by way of merger by absorption of its wholly-owned subsidiary, ALTRR Software Services Limited, into TCC Concept Limited. The merger is subject to statutory and regulatory approvals, including from the National Company Law Tribunal. ALTRR Software Services, engaged in AI-backed solutions with its platform TryThat.ai, had a turnover of ₹1,272.05 Lacs and net worth of ₹1,627.05 Lacs in FY 2025-26. TCC Concept Limited, a diversified technology-driven enterprise, reported a consolidated turnover of ₹17,939.3 Lacs and consolidated net worth of ₹1,64,534.09 Lacs for the same period. The transaction is considered a related party transaction but is exempt from certain SEBI LODR provisions for related party transactions.
Key Highlights
- TCC Concept Ltd to merge with its wholly-owned subsidiary, ALTRR Software Services Ltd.
- Merger approved by the Board of Directors, pending regulatory approvals.
- ALTRR Software Services focuses on AI-backed solutions and real estate technology.
- TCC Concept is a diversified tech enterprise with significant consolidated financials.
Price Impact
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