NSEUpdates29 Sept 2026 · 29 Sept 2026, 06:27 pm

Updates

Transport Corporation of India Limited · TCI

✦ AI SummaryBuyback

Transport Corporation of India Limited has informed the Exchange that the promoter group has decided not to participate in the company's buyback program.

Analysis Scores

Earnings Impact2/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10

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Full Announcement

Transport Corporation of India Limited has informed the Exchange regarding 'Intimation regarding promoters intention to participate in the Buyback - Promoter Group of the Company, vide their letters dated September 29, 2026, have communicated their intention to not participate in the Buyback'.

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ak_bansal_tcil_com_29092026182647_TCIL.pdf

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Date: September 29, 2026 Listing Department, Listing Department, BSE Limited, National Stock Exchange of India Limited, Department of Corporate Relations, Exchange Plaza, C-1, Phiroze Jeejeebhoy Towers, G Block Bandra – Kurla Complex, Dalal Street, Mumbai - 400 001 Mumbai - 400 051 SCRIP CODE - 532349 Scrip Symbol - TCI Dear Sir/Madam, Sub: Intimation regarding promoters’ intention to participate in the Buyback. This in in continuation of the outcome of Board Meeting dated September 29, 2026 with regard to the approval granted by the Board of Directors of the Company to undertake buyback of not exceeding 1,562,500 (One Million Five Hundred Sixty-Two Thousand, Five Hundred only) fully paid-up equity shares of the Company, each having a face value of INR 2/- (“Equity Shares”), representing up to 2.03% of the total number of equity shares in the paid-up equity share capital of the Company, at a price of INR 960/- (Indian Rupees Nine Hundred and Sixty only) per Equity Share payable in cash for an aggregate amount not exceeding INR 1,500,000,000/- (Indian Rupees Fifteen Hundred Million only) (“Buyback”), on a proportionate basis through the “tender offer” route, in accordance with the provisions the under the Companies Act, 2013, and rules made thereunder and the SEBI (Buy-Back of Securities) Regulations, 2018, as amended (“Buyback Regulations”), and other applicable law. In terms of the Buyback Regulations, under the tender offer route, the members of the promoter and promoter group of the Company (“Promoter Group”) have the option to participate in the Buyback. We would like to inform that members of the Promoter Group of the Company, vide their letters dated September 29, 2026, have communicated their intention to not participate in the Buyback. We request you to kindly take the above on record. Thanking you, For Transport Corporation of India Limited Hansa Sharma Company Secretary & Compliance Officer (Membership No. A42616)