BSEInsider Trading / SAST1 Oct 2026 · 1 Oct 2026, 10:35 am
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for TCI Trading
TCI Express Ltd · 540212
✦ AI SummaryRelated Party
TCI Express Ltd has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, detailing the acquisition of shares by TCI Trading and XPS Cargo Services Limited.
Analysis Scores
Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment0/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
TCI Express Ltd - 540212 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Attachments (1)
📄pdf
Download →
B11E7F7D_58DF_48DA_8021_278CDC3D4096_103547.pdf
View document text
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 the disclosures pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011, submitted on behalf of the following entities in respect of the transactions undertaken in
the equity shares of TCI Express Limited (‘the Company’), as detailed below:
• 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 and on behalf of Promoter Group of TCI Express Limited
Ramesh Chand Pahuja
(Authorised Signatory)
CC: Company Secretary,
TCI Express Limited
Address: Flat No. 306 & 307, 1-8-271 to 273, 3rdFloor,
Ashoka Bhopal Chambers, S P Road,
Secunderabad, Telangana – 500003
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