TCC Concept Limited has informed the exchange about the Merger.
M&A
● No Immediate Change
MEDIUM RISK
📅 Filed on BSE: 31 Jul 2026, 07:17 PM IST · BSE ID: 4df4861b-59d6-49ff-b42b-7b89bc8d5ba3
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's board approved merging its AI-focused subsidiary, ALTRR Software Services, into the parent company, TCC Concept Ltd.
🤖 AI Summary
- TCC Concept Ltd Board approved a Scheme of Amalgamation with its wholly-owned subsidiary, ALTRR Software Services Limited, on July 31, 2026.
- ALTRR Software Services reported Turnover of 1,272.05 INR in Lacs and Net worth of 1,627.05 INR in Lacs for FY 2025-26.
- TCC Concept Ltd (Transferee Company) reported Consolidated Turnover of 17,939.3 INR in Lacs and Consolidated Net worth of 1,64,534.09 INR in Lacs for FY 2025-26.
- ALTRR's business focuses on AI-backed solutions, including its data analytical platform TryThat.ai for real estate stakeholders.
- The amalgamation is subject to requisite statutory and regulatory approvals, including the National Company Law Tribunal, Mumbai.
🔢 Key Numbers — exact figures from BSE filing, not rounded
ALTRR Turnover (F.Y. 2025-26)
1,272.05 (INR in Lacs)
ALTRR Net worth (F.Y. 2025-26)
1,627.05 (INR in Lacs)
TCC Consolidated Turnover (F.Y. 2025-26)
17,939.3 (INR in Lacs)
TCC Consolidated Net worth (F.Y. 2025-26)
1,64,534.09 (INR in Lacs)
🏢 How This Affects the Company
The merger will integrate ALTRR's AI-backed solutions, including the TryThat.ai platform, directly into TCC Concept Ltd's diversified technology portfolio. This consolidates the AI and real estate technology segments within the parent company.
The amalgamation combines the financial results of ALTRR (FY26 Turnover 1,272.05 INR in Lacs, Net worth 1,627.05 INR in Lacs) with TCC Concept Ltd (FY26 Consolidated Turnover 17,939.3 INR in Lacs, Consolidated Net worth 1,64,534.09 INR in Lacs) at the parent level.
Consolidating ALTRR will streamline operations and resource allocation for AI-powered technology solutions within the broader TCC Concept Ltd framework. This aims to reduce complexities associated with managing a separate subsidiary.
The transaction is classified as a Related Party Transaction between a wholly-owned subsidiary and its parent, but the filing states it will not attract specific provisions of Section 188 of the Companies Act, 2013, or Regulation 23(5)(b) of SEBI LODR.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders as the amalgamation is subject to regulatory approvals.
👤
Who Is Affected
Existing shareholders of TCC Concept Ltd will see the integration of ALTRR's AI business, with its FY 2025-26 Turnover of 1,272.05 INR in Lacs and Net worth of 1,627.05 INR in Lacs, directly into the parent company.
🔍
Management Signal
The decision signals management's intent to consolidate and integrate key technology verticals, specifically AI-backed solutions, within the core listed entity.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
National Company Law Tribunal (NCLT) approval status for the Scheme of Amalgamation.
Updates on other necessary statutory and regulatory approvals for the merger.
Future financial disclosures to observe integrated performance post-merger effective date.
MEDIUM RISK
The merger is pending multiple regulatory approvals, and the timeline for completion is not specified.
💡 Investor Takeaway
TCC Concept Ltd's Board approved the merger with its wholly-owned subsidiary, ALTRR Software Services. For FY 2025-26, ALTRR reported Turnover of 1,272.05 INR in Lacs and Net worth of 1,627.05 INR in Lacs. TCC's consolidated Turnover was 17,939.3 INR in Lacs, Net worth 1,64,534.09 INR in Lacs.
⚖️ Strengths & Concerns
✅ Positives
- The merger consolidates the AI-backed solutions business of ALTRR, including its TryThat.ai platform, into the diversified parent company, TCC Concept Ltd.
- ALTRR Software Services contributed a Turnover of 1,272.05 INR in Lacs for FY 2025-26, adding to TCC Concept Ltd's consolidated figures.
⚠️ Concerns
- The transaction is subject to multiple statutory and regulatory approvals, including the Hon’ble National Company Law Tribunal, Mumbai, extending the timeline for completion.
- While the filing clarifies certain regulatory aspects, related party transactions inherently require careful oversight to ensure fairness.
❓ Frequently Asked Questions
What event did TCC Concept Ltd announce on July 31, 2026?
TCC Concept Ltd announced that its Board of Directors approved a Scheme of Amalgamation by way of Merger by Absorption with its wholly-owned subsidiary, ALTRR Software Services Limited.
What were the financial figures for ALTRR Software Services Limited for FY 2025-26?
For FY 2025-26, ALTRR Software Services Limited reported a Turnover of 1,272.05 (INR in Lacs) and a Net worth of 1,627.05 (INR in Lacs).
What were the consolidated financial figures for TCC Concept Limited for FY 2025-26?
TCC Concept Limited reported a Consolidated Turnover of 17,939.3 (INR in Lacs) and a Consolidated Net worth of 1,64,534.09 (INR in Lacs) for FY 2025-26.
What is the primary business of ALTRR Software Services Limited?
ALTRR Software Services Limited is primarily engaged in the business of AI-backed solutions, having developed a data analytical platform branded as TryThat.ai for real estate stakeholders.
Is the merger between TCC Concept Ltd and ALTRR Software Services Limited a Related Party Transaction?
Yes, the transaction is considered a Related Party Transaction as ALTRR Software Services Limited is a wholly-owned subsidiary of TCC Concept Limited, but it is clarified not to attract certain provisions of the Companies Act, 2013, or SEBI LODR.
Questions based on this BSE filing only. For information purposes.