Board approves merger of wholly-owned subsidiary ALTRR into TCC Concept

Scheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

TCC · price

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Price reactionminutes from the announcement price · days from the prior close

-0.9%Reaction day

₹290.00

prior close

₹322.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-2.2% vs market

Internet & Catalogue Retail peers, median of 8sector+0.2%-1.1% vs sector

On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250 and 1.1 pts less than its Internet & Catalogue Retail peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-6.1

10m

-6.5

15m

-7.5

30m

-8.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9+1.3-2.2+0.2-1.1

Next day

-0.1+1.8-1.8-1.2+1.1

-1.1+3.1-4.2-1.2+0.1

-6.2+3.5-9.7-0.4-5.8

-4.9+3.5-8.4-2.4-2.5

-4.8+3.4-8.3-1.1-3.8

-12.9+3.6-16.5-0.9-12.0

15d

-18.3+4.9-23.1-2.8-15.5

-19.9+4.4-24.3-3.8-16.0

—+2.9—-11.3—

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UpDownMarket · Nifty Microcap 250Sector · Internet & Catalogue Retail peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

TCC Concept board on July 31, 2026 approved a Scheme of Amalgamation to merge its wholly-owned subsidiary ALTRR Software Services into itself. ALTRR runs AI platform TryThat.ai (FY26 turnover 1,272.05 lakh). TCC consolidated FY26 turnover is 17,939.3 lakh with net worth 1,64,534.09 lakh. Since TCC holds 100% of ALTRR, no consideration or new shares are involved and no shareholding change. Subject to NCLT and other approvals.

Likely market impact

Simplifies group structure, cuts duplication and costs; no share issuance or shareholding change. Awaiting NCLT approval.