Announced Sat, 22 Aug · 20:00 IST
Postal ballot results: stock split approved along with other resolutions
TCC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-4.1%1-day move
₹252.70
prior close
₹251.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0+0.9+0.9+1.0-4.1-8.0-8.5-12.2-10.8-7.8————
Up moveDown movePending
AI summary
TCC Concept Limited shareholders approved all 5 resolutions via postal ballot (e-voting July 24 to Aug 22, 2026). Key item: sub-division or stock split of equity shares passed with 100 percent votes in favor (2.60 crore votes). Also approved: changes to capital and object clauses of MoA, remuneration of Non-Executive Director Abhishek Narbaria (87.86 percent in favor, 12.14 percent against), and material related party transactions (promoters abstained, 1.68 crore promoter votes invalid).
Likely market impact
Stock split will increase share count and improve liquidity. MoA changes hint at possible business expansion.