TCM Ltd enters into lease agreement for Poultry Feeds factory

TCM Ltd has entered into a lease agreement for a period of 11 months on 12 September 2025 as a lessee for taking on lease of the commercial factory and office space of built up area of 10,760 Sq Ft presently owned by M/s Better Feeds Pvt Ltd (CIN: U15549KL2018PTC054928) for the production of Poultry feeds.

The lease agreement is for a period of 11 months (wef. 12/09/2025 to 11/08/2026) for the commercial factory and office space of built up area of 10,760 Sq Ft presently owned by them at Palakkad, for the production of Poultry feeds. Our Company (lessee) will pay a refundable security deposit of Rs.2,90,00,000/- (Rupees Two Crore Ninety Lakh Only), and a lease rentals of Rs. 2,50,000/- (inclusive of GST) per month for this property. The lease rentals paid will be utilized by the lessor to pay off the KSIDC Loan interest amount taken by them, and ultimately the lessor company will be taken over by fhe lessee company as per our corporate announcement dated 20th May 2025 with the BSE Ltd.

Shares of TCM LTD. was last trading in BSE at Rs. 44.22 as compared to the previous close of Rs. 43.66. The total number of shares traded during the day was 1389 in over 24 trades.

The stock hit an intraday high of Rs. 44.40 and intraday low of 43.00. The net turnover during the day was Rs. 61347.00.

Source : Equity Bulls

Keywords

TCM INE034F01010 PoultryFeeds Factory LeaseAgreement