TCC Concept Limited Receives Request for Promoter Reclassification of Shares
TCC Concept Limited has received a formal request for the reclassification of promoter shares held by Ms. Shefali Chintan Parikh. The request seeks to change her status in the company's shareholding pattern from 'Promoter' to 'Public' category.According to the documentation, Ms. Shefali Chintan Parikh is a Promoter and Shareholder of TCC Concept Limited, holding 3,760 equity shares of the company. These shares constitute 0.01% of the total equity share capital.
In her request, Ms. Parikh stated that she is not involved in the day-to-day activities of the Company nor does she exercise any control over the Company's affairs. Consequently, she expressed her wish to reclassify her shareholding status from 'Promoter' to 'Public' category.
The documentation accompanying the request confirms that Ms. Parikh understands the requirements for reclassification and confirms that she and her related persons do not hold more than ten percent of the total voting rights in the listed entity, nor do they exercise control over its affairs.
The company board is now required to consider the request for reclassification from the 'Promoter' category to the 'Public' category.
TCC Stock Price Movement
TCC Concept Limited shares today slipped by 0.87% to settle at ₹359.6. The stock saw a volume of 12,899 shares traded, completing a session of selling pressure for the company.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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