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TCC Concept is currently trading at Rs. 730.00, up by 34.15 points or 4.91% from its previous closing of Rs. 695.85 on the BSE.

The scrip opened at Rs. 730.60 and has touched a high and low of Rs. 730.60 and Rs. 699.00 respectively. So far 37468 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 742.40 on 11-Jul-2024 and a 52 week low of Rs. 19.70 on 19-Jul-2023.

Last one week high and low of the scrip stood at Rs. 742.40 and Rs. 600.00 respectively. The current market cap of the company is Rs. 1654.93 crore.

The promoters holding in the company stood at 61.49%, while Institutions and Non-Institutions held 0.02% and 38.49% respectively.

TCC Concept has planned to take over the businesses and management of Natural Environment Solutions (NES) at a valuation of Rs 461.03 crore against issue of shares of the company to promoters and non-promoters at an issue price of Rs 352 per share as per the valuation and compliance with Chapter V of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and in accordance provisions of the Companies Act, 2013 and rules framed there under subject to approval by the members. Following this share allotment (by way of swap of shares), NES will become a 100% subsidiary of the Company.

The object of company is to takeover NES whose business activities are strategically suitable in accordance with Company’s business plan. The impact of this acquisition by issue of new shares, is increasing the wealth of the Shareholders and other stake holders. Reason for acquisition of target entity is to expand/ diversify the business of company in the field of Data Centre Industry.

TCC Concept (Formerly known as Aaswa Trading and Exports) is engaged in cotton fabrics trading business in India. The company is based in Ahmedabad, India.