BSECompany Update30 Sept 2026 · 30 Sept 2026, 03:57 pm
Submission of Public Announcement for Buyback of fully paid equity shares
Transport Corporation of India Ltd · 532349
✦ AI Summary▲ PositiveBuyback
Transport Corporation of India Ltd has announced a buyback of up to 1,562,500 fully paid-up equity shares at INR 960 per share, aggregating up to INR 1,500,000,000, on a proportionate basis through the tender offer route.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Transport Corporation of India Ltd - 532349 - General Updates - Submission Of Public Announcement For Buyback Of Fully Paid-Equity Shares
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Dated: September 30, 2026
Listing Department, Listing Department,
BSE Limited National Stock Exchange of India Limited
Department of Corporate Relations Exchange Plaza, 5th Floor
Pheroze Jeejeebhoy Towers Plot No. C/1, G Block
Dalal Street, Mumbai - 400 001 Bandra - Kurla Complex, Mumbai - 400 051
Scrip Code: 532349 Symbol: TCI
Sub: Submission of Public Announcement for Buyback of fully paid-equity shares having face value of INR 2/-
each of Transport Corporation of India Limited, on a proportionate basis through tender offer route, pursuant
to the provisions of Regulation 7 of Securities and Exchange Board of India (Buy-Back of Securities)
Regulations, 2018, as amended
Dear Sir/Madam,
This has reference to our letter dated September 29, 2026, wherein it was intimated that the Board of Directors
of the Company have approved the buyback of up to 1,562,500 (Fifteen Lakhs Sixty Two Thousand Five Hundred)
fully paid-up equity shares of the Company, having a face value of INR 2/- (Indian Rupees Two only) (“Equity
Shares”), at a price of INR 960/- (Nine Hundred Sixty only) per Equity Share payable in cash for an aggregate
amount not exceeding INR 1,500,000,000 (Indian Rupees One Hundred and Fifty Crore only), on a proportionate
basis through the tender offer route (“Buyback”), in accordance with the Companies Act, 2013, as amended, and
the rules made thereunder, and the Securities and Exchange Board of India (Buy-Back of Securities) Regulations,
2018, as amended (“Buyback Regulations”) and other applicable laws.
Please note that, in compliance with Regulation 7(i) of the Buyback Regulations, the public announcement dated
September 29, 2026 (“Public Announcement”) pertaining to the Buyback has been published on September 30,
2026 in the following newspapers:
Publication Language Editions
Financial Express English All
Jansatta Hindi All
Nava Telangana Telugu Hyderabad
The copy of the said Public Announcement is enclosed. We request you to kindly take the above on record.
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)
Encl: As above.