TC has announced a substantial acquisition disclosure under SEBI Regulation 29(2), involving an inter-se transfer of shares among promoter group members. The transaction was executed through open market operations.

Transaction Details

The disclosure reveals that Natasha Harsh Kilachand disposed of 38,294 shares as part of an internal reorganization within the promoter group. The transaction represents a strategic reallocation of shareholding among family members and related entities.

Promoter Group Holdings

The promoter group consists of several entities including Harsh Rajnikant Kilachand HUF, Rajnikant A Kilachand HUF, and Amrish Rajnikant Kilachand. Prior to this transaction, Rajnikant A Kilachand HUF held 34,470 shares representing 0.03% of the total share capital, while Amrish Rajnikant Kilachand maintained a holding of 250 shares.

Following the inter-se transfer, the overall promoter group structure has been realigned, with Amrish Rajnikant Kilachand's holding increasing to 260 shares. The transaction maintains the collective promoter group stake while redistributing shares among family members.

Company Capital Structure

TC's equity share capital stands at ₹10.08 crores, providing the foundation for calculating percentage holdings and voting rights. The company's shares are listed on BSE Limited.

Regulatory Compliance

The disclosure was filed in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The formal disclosure was submitted from Mumbai. This inter-se transfer represents an internal reorganization within the promoter group without affecting the overall promoter shareholding in the company.

TC has disclosed a substantial acquisition and disposal transaction involving its promoter group members, executed through an off-market share transfer on December 16, 2025. The transaction represents an internal restructuring within the Kilachand family's shareholding pattern.

Transaction Details

The share transfer involved Harsh Rajnikant Kilachand (HUF) as the disposer and four family members as acquirers. The transaction was structured as an equal distribution among the acquiring parties, with each member receiving identical shareholding portions.

Acquirer Distribution

The disposed shares were equally distributed among four family members, each acquiring 61,706 or 61,707 shares representing 0.06% of the total shareholding.

Promoter Group Structure

The transaction involves members of TC's promoter group, which includes an extensive network of family members and associated entities. The broader promoter group encompasses various Kilachand family members and their associated investment vehicles.

Key promoter group entities include:

• Rajnikant A Kilachand (HUF)
• Harsh Rajnikant Kilachand (Rajnikant Kilachand Estate)
• Amrish Rajnikant Kilachand
• Ramila Rajnikant Kilachand
• Executors of Estate of Ambalal Kilachand
• Madhavi Kilachand
• Indian Commercial Co. Pvt. Ltd.
• Kesar Corporation Pvt. Ltd.
• Seel Investment Pvt. Ltd.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, demonstrating compliance with regulatory requirements for substantial shareholding changes. The transaction was reported to BSE Limited, where TC's shares are listed, ensuring transparency in promoter group shareholding modifications.

This internal share transfer reflects a restructuring of shareholding within the promoter group while maintaining the overall family control structure. The equal distribution among the four acquirers suggests a planned redistribution of ownership stakes within the Kilachand family members.