TCC Concept Ltd

Record date and split details

• Record date set 04 Sep 2026 for 1-for-5 split of equity shares from Rs 10 to Rs 2.
• Split approved by shareholders via Postal Ballot on 22 Aug 2026.

Postal ballot purpose

• Approve share split, MOA amendments (Capital and Object Clauses), director remuneration, and related party transactions.

Resolutions and outcomes

• Ordinary: approve equity share split; approved by members.
• Ordinary: alter Capital Clause of MOA; approved.
• Special: alter Object Clause of MOA; approved.
• Special: fix remuneration of non-executive director Abhishek Narbaria; approved.
• Ordinary: approve material related party transactions; approved.
• Scrutinizer's report dated Aug 22, 2026 confirms approvals.

Meeting Details

• Date: July 31, 2026.
• Time and location not disclosed.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.

Other Notes

• No trading window closure or other material governance actions disclosed.

Promoter to Public reclassification

• NSE and BSE issued no-objection letters for the promoter-to-public reclassification.
• Promoter Shefali Chintan Parikh moves from Promoter to Public category.
• Category transition: Promoter to Public.
• Shares affected: 3,760 shares, 0.01% of equity.
• NOC letters dated July 23, 2026.
• Regulation 31A of SEBI LODR governs this reclassification.

Meeting Details

• Board meeting on July 21, 2026; time and venue not disclosed.

Key Agenda Items

• To consider alteration in capital by sub-division of Rs 10 equity shares, subject to shareholders' and other approvals.

Other Notes

• Trading window closed for designated persons/insiders from July 1, 2026 until 48 hours after June 30, 2026 results.

Dematerialisation status

• Securities received for dematerialisation processed and confirmed to depositories (accepted/rejected).
• Securities dematerialised listed on exchanges where earlier securities are listed.
• Physical certificates dematerialised mutilated and cancelled after verification; depository named as registered owner.
• Substitution of depository as registered owner completed within prescribed timelines.

Expansion plan

• 35 new stores planned by end-August ahead of the festive season.
• Retail footprint targeted to exceed 250 stores in the near term.
• Expansion across metros, Tier 1 and Tier 2 cities.
• One Funnel omnichannel model links online discovery, in-store experience, and purchases.

Profitability & financials

• Q4 FY26 marked Pepperfry's first profitable quarter.
• No revenue or margin figures provided in the release.

Strategic/Corporate

• Pepperfry is a subsidiary of TCC Concept Limited.
• Part of TCC’s long-term plan to build scalable omnichannel platforms.

Operational highlights

• Stores across 80 cities.
• Investing in store formats, product assortment, technology and customer experience.
• Stores evolving into destination experiences with expanded home collections.
• Sell from Store capabilities integrated across channels.

Outlook / management commentary

• Expansion ahead of the festive season aligns with disciplined growth.
• Aims to strengthen leadership in India's organized furniture and home retail market.

Alliance overview

• Pepcart announces its first major B2B alliance with Shiprocket to expand LaaS.
• Provides dedicated first-mile pickup, last-mile delivery, and white-glove assembly for big-box items.
• Onboarding for new brands typically takes 2–4 weeks.
• In-transit damage rate under 1.5% versus 8-12% industry average.
• Democratizes access to efficient, tech-driven logistics across India.
• Marks expansion of Pepcart's LaaS platform into B2B.

Operational footprint

• 5 mega-fulfillment centers and 25+ distribution hubs.
• 240+ owned vehicles driving in-transit damage under 1.5%.
• 350+ certified transit-carpenters enabling true white-glove last-mile.
• Operations across 500+ cities and 7,000+ pin codes.
• Over 10 million deliveries completed; NPS 80+.
• Strong reach across Jammu & Kashmir and the Northeast.
• Integrated first-mile, last-mile, and on-site assembly within Shiprocket network.

Outlook and strategic developments

• Pepcart pursuing network expansion into mattresses, consumer electronics, and modular interiors.
• Onboarding efficiency and lower logistics costs expected to boost seller adoption.
• No financial metrics disclosed in this release.