TCC Concept Limited announced that its Board of Directors has approved the reclassification of a shareholder from the Promoter category to the Public category. The decision was taken during a meeting held on May 22, 2026.

The approval pertains to the request submitted by Ms. Shefali Chintan Parikh. The Board sanctioned the shift in her status from 'Promoter' to 'Public' in compliance with Regulation 31A(8) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Approvals Required

The reclassification is not yet effective and remains subject to necessary approvals. The company stated that the change is contingent upon approval from the stock exchanges, specifically BSE Limited and the National Stock Exchange of India Limited.

Meeting Details

The Board meeting was convened on Friday, May 22, 2026. The intimation regarding this reclassification follows the company's earlier communication to the exchanges dated May 18, 2026.

TCC Concept Limited has approved an amended Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI). The Board of Directors approved the policy at its meeting held on May 22, 2026, pursuant to Regulation 8(2) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

The objective of the code is to establish a framework for fair disclosure of UPSI and to promote transparency, integrity, and compliance with applicable securities laws. It ensures that information which may materially affect the price of securities is communicated in a prompt, consistent, and non-discriminatory manner. The policy is accessible on the company's website.

Definitions and Scope

The code defines Unpublished Price Sensitive Information (UPSI) as any information relating to the company or its securities that is not generally available and is likely to materially affect the price of securities. This includes, but is not restricted to, financial results, dividends, changes in capital structure, mergers, and changes in key managerial personnel.

Principles of Fair Disclosure

The company has outlined several principles to govern the disclosure of UPSI:

• Prompt public disclosure of UPSI to impact price discovery.
• Uniform and universal dissemination to avoid selective disclosure.
• The Compliance Officer will act as the Chief Investor Relations Officer (CIRO).
• Prompt dissemination of UPSI disclosed selectively or inadvertently.
• Appropriate response to queries on market rumors.

Sharing and Maintenance of UPSI

UPSI may be shared only for legitimate purposes on a need-to-know basis with authorized persons such as partners, lenders, or legal advisors. The CIRO is responsible for maintaining a structured digital database of recipients, which must include details such as the recipient's name, organization, address, email, and Permanent Account Number (PAN). The database must include adequate internal controls like time stamping and audit trails to prevent tampering.

The Board of Directors retains the authority to review and amend the code from time to time to ensure compliance with evolving statutory regulations.