Updates

Dated: September 30, 2026 Listing Department Listing Department BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Dalal Street-Mumbai-400001 Bandra Kurla Complex, Bandra (E) Mumbai-400051 Scrip Code: 540212 Scrip Symbol: TCIEXP Sub: Disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 Dear Sir/Madam, Please find attached herewith the disclosures received under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, from the following entities, disclosing the details of transactions undertaken in the equity shares of TCI Express Limited (‘the Company’): • M/s. TCI Trading, in respect of sale of equity shares of the Company. Annexure-1; • M/s. XPS Cargo Services Limited, in respect of purchase of equity shares of the Company. Annexure-2. Kindly take the above information on record. Thanking you, For TCI Express Limited PRIYANKA (Company Secretary & Compliance Officer) Encl: as above Annexure -1 Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 TCI Express Limited Name of the Target Company (TC) M/s. TCI Trading Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer Whether the acquirer belongs to Promoter/Promoter group National Stock Exchange of India Limited Name(s) of the Stock Exchange(s) where the shares of TC are BSE Limited Listed Number % w.r.t. total % w.r.t. total share/voting diluted Details of the acquisition / disposal as follows capital share/voting wherever capital of the TC applicable(*) (**) Before the acquisition/sale under consideration, holding of : 22,09,497 5.75% 5.75% a) Shares carrying voting rights b) Voting rights (VR) otherwise than by equity shares - - - c) Warrants/convertible securities/any other instrument - - - that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) d) Total (a+b+c) 22,09,497 5.75% 5.75% Details of acquisition/sale 10,90,000 2.84% 2.84% a) Shares carrying voting rights acquired/sold - - - b) Voting rights (VR) acquired/sold otherwise than by equity shares - - - c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold d) Total (a+b+c) 10,90,000 2.84% 2.84% After the acquisition/sale, holding of: 11,19,497 2.91% 2.91% a) Shares carrying voting rights b) Voting rights (VR) otherwise than by equity shares c) Warrants/convertible securities/any other instrument - - - that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) - - - after acquisition d) Total (a+b+c) 11,19,497 2.91% 2.91% Open Market (Block Deal) Mode of acquisition (e.g. open market / off-market / public issue / rights issue / preferential allotment / inter-se transfer etc). September 29, 2026 and September 30, 2026 Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable Rs. 7,68,88, 330 divided in to 3,84,44,165 equity Equity share capital / total voting capital of the TC before the shares of Rs. 2.00 each. said acquisition / sale Rs. 7,68,88, 330 divided in to 3,84,44,165 equity Equity share capital/ total voting capital of the TC after the shares of Rs. 2.00 each. said acquisition / sale Rs. 7,68,88, 330 divided in to 3,84,44,165 equity Total diluted share/voting capital of the TC after the said shares of Rs. 2.00 each. acquisition (*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement. (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC. On Behalf of M/s. TCI Trading Ramesh Chand Pahuja (Authorised Signatory) Place: Gurugram Date: September 30, 2026 Annexure -2 Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 TCI Express Limited Name of the Target Company (TC) M/s. XPS Cargo Services Limited Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer Promoter Group (Proposed)* Whether the acquirer belongs to Promoter/Promoter group National Stock Exchange of India Limited Name(s) of the Stock Exchange(s) where the shares of TC are BSE Limited Listed % w.r.t. total % w.r.t. total share/voting diluted Number Details of the acquisition / disposal as follows capital share/voting wherever capital of the TC applicable(*) (**) Before the acquisition/sale under consideration, holding of : 0 0.00 0.00 a) Shares carrying voting rights - - - b) Voting rights (VR) otherwise than by equity shares c) Warrants/convertible securities/any other instrument - - - that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) d) Total (a+b+c) 0 0.00 0.00 Details of acquisition/sale 10,90,000 2.84% 2.84% a) Shares carrying voting rights acquired/sold b) Voting rights (VR) acquired/sold otherwise than by equity shares - - - c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying - - - voting rights in the TC (specify holding in each category) acquired/sold d) Total (a+b+c) 10,90,000 2.84% 2.84% After the acquisition/sale, holding of: 10,90,000 2.84% 2.84% a) Shares carrying voting rights b) Voting rights (VR) otherwise than by equity shares c) Warrants/convertible securities/any other instrument - - - that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) - - - after acquisition d) Total (a+b+c) 10,90,000 2.84% 2.84% Open Market (Block Deal) Mode of acquisition (e.g. open market / off-market / public issue / rights issue / preferential allotment / inter-se transfer etc). September 29, 2026 and September 30, 2026 Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable Rs. 7,68,88, 330 divided in to 3,84,44,165 equity Equity share capital / total voting capital of the TC before the shares of Rs. 2.00 each. said acquisition / sale Rs. 7,68,88, 330 divided in to 3,84,44,165 equity Equity share capital/ total voting capital of the TC after the shares of Rs. 2.00 each. said acquisition / sale Rs. 7,68,88, 330 divided in to 3,84,44,165 equity Total diluted share/voting capital of the TC after the said shares of Rs. 2.00 each. acquisition *Pursuant to the Agreement executed on September 22, 2026, XPS Cargo Services Limited has become part of the Promoter Group of the Company in accordance with the applicable provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. (*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement. (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC. On Behalf of M/s. XPS Cargo Services Limited Ramesh Chand Pahuja (Authorised Signatory) Place: Gurugram Date: September 30, 2026