TCC Concept Ltd has updated its ongoing scheme of amalgamation to absorb its wholly owned subsidiary, ALTRR Software Services Ltd, following recent corporate actions.

The updates reflect a stock split where existing shares with a face value of Rs. 10 each are subdivided into five shares with a face value of Rs. 2 each, alongside changes to the company's object clause.

Because the subsidiary is fully owned, no new shares or cash consideration will be issued, and existing subsidiary holdings will be cancelled.

This structural consolidation aims to streamline operations, eliminate duplicate functions, optimize cash flows, and enhance financial transparency and efficiency for shareholders.