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TCI Express Limited is an express cargo logistics company with its own set up across India. It carries distribution through various modes of transport and is specialized in offering time definite solutions.
Promoter group entities of TCI Express Limited executed an internal share transfer via the open market involving 12,000 equity shares. TCI Trading (Dharmpal Agarwal) disposed of the stake, while TCI Express Consolidated Limited acquired it, resulting in a shift of holdings within the promoter group.
Newspaper Cuttings Publication regarding Transfer of Equity Shares to IEPF Authority and Special Window for Physical Securities
Promoter group entities TCI Trading and TCI Express Consolidated acquired 15,000 shares each via open market inter-se transfer. This resulted in slight shifts in their respective holdings within the promoter group.
TCI Express's promoter group saw an inter-se transfer of 13,100 equity shares through the open market. TCI Trading reduced its stake by 0.03%, while TCI Express Consolidated Limited increased its holding by 0.03%, maintaining overall promoter group stability.
TCI Express: Promoter group TCI Trading (Dharmpal Agarwal) disposed of 16,000 shares, reducing its stake from 5.89% to 5.85%. Simultaneously, TCI Express Consolidated Ltd acquired these 16,000 shares, increasing its holding from 44.95% to 44.99%. This inter-se transfer is an internal restructuring within the promoter entities.