Announced Sat, 22 Aug · 20:32 IST
Stock split approved: face value cut from Rs 10 to Rs 2; MOA scope expanded
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 via postal ballot a stock split reducing face value from Rs 10 to Rs 2 per share (1:5 sub-division). Authorized capital remains Rs 60 crore but now divided into 30 crore shares instead of 6 crore. The company also amended its Object Clause to expand into IT, AI, data analytics, digital platforms, e-commerce, logistics, retail, and business facilitation services.
Likely market impact
Likely higher liquidity and a lower per-share price after the split. Wider business scope signals diversification plans. Watch for the record date.