TCC Concept board approves 1:5 stock split and expansion of business objects
TCC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
TCC Concept board on July 21, 2026 approved splitting 1 equity share of Rs. 10 into 5 shares of Rs. 2 each, subject to shareholder and other approvals. Total paid-up capital stays at Rs. 47.53 crore but outstanding share count rises to around 23.76 crore from 4.75 crore. Rationale is to make shares more affordable and improve liquidity for retail investors. Board also approved adding new business objects to the Memorandum of Association covering IT services, AI, data analytics, cloud computing, logistics, retail commerce, and technology consulting.
Share count rises fivefold and per share price should adjust lower in proportion. No change in overall shareholder value. Pending shareholder approval.