TCC Concept Limited Receives NOC from Stock Exchanges for Promoter Reclassification
July 23, 2026: TCC Concept Limited has received No Objection Letters (NOCs) from both the National Stock Exchange of India (NSE) and BSE Limited for the reclassification of one of its promoters from the “Promoter” category to the “Public” category.
The approval has been granted under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, allowing the company to update its shareholding classification in accordance with the applicable regulatory framework.
Key Highlights
- Company: TCC Concept Limited
- Regulatory Approval: No Objection Letters (NOCs) from NSE and BSE
- Regulation: Regulation 31A of the SEBI (LODR) Regulations, 2015
- Application Date: May 27, 2026
- Approval Date: July 23, 2026
The approvals pave the way for the company to complete the reclassification process as per SEBI regulations.
Promoter Reclassified
The approvals relate to the reclassification of:
- Name: Shefali Chintan Parikh
- Previous Category: Promoter
- New Category: Public Shareholder
- Equity Shares Held: 3,760 shares
- Shareholding: Approximately 0.01%
Following the completion of the process, the shareholder will no longer be classified as part of the promoter group.
No Material Impact on Control
The promoter proposed for reclassification holds only 0.01% of the company’s equity share capital. As a result, the reclassification is not expected to have any material impact on the company’s management, operational control, or corporate governance structure.
The move is primarily a regulatory and shareholding classification update rather than a change in ownership or business strategy.
Regulatory Process
TCC Concept had submitted its application for promoter reclassification to the stock exchanges on May 27, 2026.
After reviewing the application, both exchanges granted their approvals on July 23, 2026, through their respective No Objection Letters.
The company stated that it will complete all remaining formalities and make the necessary disclosures as required under the SEBI (LODR) Regulations.