The Board of Directors of the Company in its meeting held on Tuesday, 20th May 2025 has considered and approved the following business:- 1. To consider and authorize the Managing Director ....
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TCM Ltd's Board of Directors, at a meeting held on May 20, 2025, authorized the Managing Director to negotiate and sign an MoU with Better Feeds Private Limited, a cattle feed manufacturer based in Palakkad, Kerala. The plan is to acquire 100% equity shares of Better Feeds through a Share Purchase Agreement, subject to completion of valuation and due diligence. No financial details, valuation figures, or timelines have been disclosed yet. Better Feeds operates in the cattle feed manufacturing segment, which would expand TCM's business into a new allied area.
This is an early-stage acquisition announcement—only the intent and board approval have been shared, with actual deal terms (price, valuation) yet to be finalized. Shareholders should wait for further disclosures on deal size and funding before judging the impact on the stock.