TCM Ltd Secures Rs 79.2 Million Contract, Expands Presence in Poultry Feed Manufacturing Sector

TCM Limited has successfully entered into a lease agreement valued at Rs 79.2 million, marking a significant step forward in the company’s industrial expansion. The contract involves leasing a commercial factory and office space of approximately 10,760 sq ft at Palakkad, Kerala, from Better Feeds Private Limited for the production of poultry feeds.

 

Key Highlights:

 

The lease agreement spans 11 months, effective from September 12, 2025, to August 11, 2026, providing TCM Limited access to advanced production facilities in a strategic location.

 

A refundable security deposit of Rs 29 million and monthly lease rentals of Rs 2.5 lakh (inclusive of GST) have been agreed upon, supporting an efficient setup for poultry feed manufacturing.

 

The leased property was previously owned by Better Feeds Pvt Ltd, and lease rentals will be directed toward settling the lessor company’s KSIDC loan interest, with potential acquisition of the company’s ownership by TCM in the future.

 

This development aligns with TCM’s ongoing diversification strategy in the agricultural sector, especially in value-added cattle feed production, supplementing its core business.

 

Financial market response to the announcement showed positive traction with TCM shares trading slightly higher and volumes indicating investor interest.

 

The company continues to focus on operational excellence and expansion into allied agricultural feed products, targeting growing demand in the animal nutrition segment.

 

Market and Strategic Outlook:

 

This lease acquisition solidifies TCM Ltd’s commitment to enhancing its footprint in the poultry and cattle feed manufacturing sectors, meeting rising consumption needs driven by India’s food production growth and livestock sector expansion.

 

The move also demonstrates TCM’s strategy to optimize resource utilization and market reach through efficient infrastructure use and potential vertical integration with feed suppliers.

 

With increasing focus on balance sheet strengthening and portfolio diversification, the contract supports steady future growth avenues and shareholder value creation.

 

In summary, TCM Limited’s Rs 79.2 million contract to lease manufacturing space for poultry feed production marks a progressive milestone fostering capacity expansion and product innovation in the agribusiness domain.

 

Sources: EquityBulls, BSE Corporate Filings, Moneycontrol, ScanX Trade (September 2025)