TCC Concept Limited announced a private placement of 1,000,000 common shares at a price of INR 275 per share for gross proceeds of INR 275,000,000 on February 23, 2024. The transaction included participation from new investor Sageone - Flagship Growth 2 Fund, a fund managed by SageOne Investment Managers LLP. The securities will be issued on preferential basis.

The transaction has been approved by the board of directors of the company.