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Transport Corporation of India is engaged in the Business of Freight Transport,Supply Chain Solutions and Transport through Seaways.
TCI reported on physical share re-lodgment requests for the quarter. There were zero requests received, processed, or approved under the special window requirement for share transfers. No activity noted for this period.
TCI's Board intends to pay a Re. 1 per share final dividend for FY26, pending shareholder approval. This dividend will be subject to Tax Deduction at Source (TDS), with varying rates based on shareholder status. Resident individuals have a ₹10,000 exemption.
TCI's Registrar reports zero requests for re-lodgment of physical share transfers from shareholders between January 1 and March 31. This indicates a smooth process with no pending issues in physical share administration.
Transport Corporation of India's step-down subsidiary, TCI Global (Singapore) Pte. Ltd., was sold for SGD 18,000. It is now a subsidiary of TCI Express Limited, ceasing to be part of TCI's group. This transaction has no financial impact or liabilities for TCI.
Transport Corporation of India's subsidiary sold its 100% stake in TCI Global (Singapore) Pte. Ltd. to TCI Express Pte. Ltd. for SGD 18,000. TCI Global is no longer a TCI step-down subsidiary, now belonging to TCI Express. This related-party deal has no direct impact on TCI.