TCC Concept Shares Hit Upper Circuit As Company Announces Pepperfry Acquisition Plan

Mumbai, September 19, 2025 – Shares of TCC Concept Ltd (BSE: 512038) surged 5% to hit the upper circuit at ₹543.35 after the company announced that it has signed a term sheet to acquire up to 100% of Pepperfry Limited.

TCC Concept Ltd is headquartered in Mumbai, India and is engaged in the trading and distribution sector. The company is listed on the BSE and trades under the ticker 512038. Its operations focus on building efficient distribution networks while integrating digital tools. The company is also expanding its reach with a growing emphasis on technology-enabled platforms. This strategy positions TCC Concept to adapt to evolving market needs and strengthen its competitive edge.

Stock Performance Snapshot

As of September 19, 2025, market close, shares of TCC Concept Ltd were trading at ₹543.35, up by 25.85 points, a 5.00% increase. The company had an overall traded volume of 0.49 lakh shares while its total traded value and total market cap stood at ₹2.66 crore and ₹1,938.27 crore, respectively.

Details Of The Acquisition

Pepperfry Limited is a leading online furniture and home goods marketplace. TCC Concept aims to strengthen its presence in the e-commerce and digital marketplace segment through this acquisition. While the acquisition is subject to due diligence and definitive agreements, it is a step ahead in TCC’s focus on technology-driven platforms. The company stated that integrating Pepperfry’s marketplace with its digital expertise would enhance customer experience, create operational synergies, and unlock growth opportunities.

Strategic Outlook

In its regulatory filing, TCC Concept said the move aligns with its vision of building scalable, technology-enabled consumer platforms. By acquiring Pepperfry, the company seeks to leverage brand synergies and diversify into a high-growth digital retail segment.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/83a01d67-1304-47c8-ab86-853b58fdc8f4.pdf

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