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Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
TCC Concept Ltd's board plans to split each existing share into five, changing the face value per share.
🤖 AI Summary
TCC Concept Ltd's Board approved a 1:5 equity share sub-division.
Each existing Rs. 10 share will split into five Rs. 2 shares.
The move requires shareholder and regulatory approvals.
The company also approved amendments to its Memorandum of Association.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Face value per equity share (existing)
Rs. 10/-
Face value per equity share (post-split)
Rs. 2/-
Sub-division ratio
1 (One) equity share into 5 (Five) equity shares
🏢 How This Affects the Company
💰
Financial Impact
The stock split increases the total number of outstanding equity shares, reducing the face value per share without altering the company's total paid-up capital.
👥 What This Means For Shareholders
✅
Action Required
Shareholders will need to vote on the proposed share sub-division and amendments to the Memorandum of Association.
👤
Who Is Affected
All existing shareholders of TCC Concept Ltd will have their share count increased by a factor of five, with a corresponding reduction in face value per share.
🔍
Management Signal
Management is initiating corporate actions aimed at potentially enhancing share liquidity and market accessibility.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Shareholder meeting notice for approval
Receipt of regulatory approvals for split
Date of record for the share sub-division
LOW RISKThe filing is a board resolution for a stock split, pending approvals.
💡 Investor Takeaway
TCC Concept Ltd board approved a 1:5 equity share sub-division, converting Rs. 10 face value shares into five Rs. 2 face value shares, pending shareholder and regulatory consent.
❓ Frequently Asked Questions
What has the TCC Concept Ltd Board of Directors approved?
The Board approved a sub-division of existing equity shares of face value Rs. 10/- into five equity shares of face value Rs. 2/- each.
What is the ratio of the proposed TCC Concept Ltd stock split?
The company proposes to split each 1 (One) existing equity share into 5 (Five) new equity shares.
What are the next steps for the TCC Concept Ltd share split?
The proposed sub-division requires approval from the company's shareholders and other requisite regulatory approvals.
What is the new face value per share after the TCC Concept Ltd split?
The new face value per equity share will be Rs. 2/- (Rupees Two only) after the sub-division.
Questions based on this BSE filing only. For information purposes.
All BSE filings we have analysed for TCC Concept Ltd.
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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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