Completion of Extinguishment of equity shares pursuant to the buyback by the Company

November 2, 2026 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: Completion of extinguishment of 1,562,500 (Fifteen Lakhs Sixty Two Thousand Five Hundred) full paid-up equity shares having face value of INR 2/- (Indian Rupees Two only) each of Transport Corporation of India Limited (“Company”), bought back at a price of INR 960/- (Indian Rupees Nine Hundred Sixty only) per Equity Share for an aggregate amount not exceeding INR 1,500,000,000/- (Indian Rupees One Hundred and Fifty Crore only) (“Buyback Size”), on a proportionate basis through tender offer route, pursuant to the provisions of Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended (“SEBI Buyback Regulations”)(“Buyback”). Dear Sir / Madam, This is in reference to the earlier intimation dated October 29, 2026 with respect to the above-mentioned Buyback. Pursuant to the public announcement dated Tuesday, September 29, 2026 which was published in newspapers on Wednesday, September 30, 2026 (“Public Announcement”), corrigendum to the Public Announcement dated Wednesday, September 30, 2026 which was published in newspapers on Thursday, October 1, 2026 (“Corrigendum”), letter of offer dated Sunday, October 11, 2026 (“Letter of Offer”) and the post buyback public announcement dated Wednesday, October 28, 2026 which was published in newspapers on Thursday, October 29, 2026 (“Post Buyback Public Announcement”) the Company has bought back 1,562,500 (Fifteen Lakhs Sixty Two Thousand Five Hundred) and the same have been extinguished in compliance with Regulation 11 of Buyback Regulations. In this regard, we enclose a copy of the certificate signed by KFin Technologies Limited (formerly known as KFin Technologies Private Limited) (Registrar to the Buyback), Vinod Kothari & Company (Secretarial Auditors), and the Company in accordance with Regulation 24(iv) of the SEBI Buyback Regulations confirming that the extinguishment of 1,562,500 Equity Shares is in compliance with Regulations 11 of the SEBI Buyback Regulations in Annexure 1. In view of the above, please see below a table showing reconciliation of the share capital of the Company (pre and post extinguishment): Sr. Particulars No of equity share of Equity Share Capital No. INR 2/- each (INR) 1. Issued Capital before extinguishment of 76,831,142 153,662,284 equity shares (a) 2. Equity shares in demat/electronic form 1,562,500 3,125,000 extinguished (b) 3. Physical form Equity Shares extinguished Nil Nil 4. Issued Capital (Post extinguishment) (a-b-c) 75,268,642 150,537,284 Note: The Buyback Committee in their meeting held on October 28, 2026, approved the extinguishment of 1,562,500 Equity Shares of the Company. The number of Equity Shares bought back and the post-Buyback shareholding pattern were disclosed in the Post Buyback Public Announcement and submitted for your records on October 29, 2026, and have been reproduced in Annexure 2 for ease of reference. We also enclose a copy of the letter dated October 30, 2026, from the National Securities Depository Limited confirming the extinguishment of 1,562,500 (Fifteen Lakhs Sixty-Two Thousand Five Hundred) Equity Shares, as Annexure 3. Capitalised words used herein but not defined shall have the same meaning as ascribed to it in the Letter of Offer. 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. Annexure 1 CERTIFICATE OF EXTINGUISHMENT OF EQUITY SHARES BOUGHT BACK BY TRANSPORT CORPORATION OF INDIA LIMITED (THE “COMPANY”) The certificate is being issued pursuant to the requirements of Regulation 11(iii) of Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended (“SEBI Buyback Regulations”). Pursuant to the approval of the board of directors of the Company (the “Board”) in their meeting on Tuesday, September 29, 2026, and Public Announcement dated Tuesday, September 29, 2026 (“Public Announcement”), and published on Wednesday, September 30, 2026, corrigendum to the Public Announcement dated Wednesday, September 30, 2026 which was published in newspapers on Thursday, October 1, 2026 (“Corrigendum”), letter of offer dated Sunday, October 11, 2026 (“Letter of Offer”) , the tendering period for the Buyback opened on Thursday, October 15, 2026 and closed on Thursday, October 22, 2026 by 5:00 p.m. (IST) (“Tendering Period”). The Company bought back 1,562,500 (Fifteen Lakhs Sixty-Two Thousand Five Hundred) fully paid- up equity shares of face value of Rs. 2/- each (“Equity Shares”), through tender offer route on a proportionate basis at INR 960/- (Indian Rupees Nine Hundred and Sixty only) per Equity Share (the “Buyback”). The following are the details of extinguishment of the Equity Shares bought back by the Company during the said Tendering Period: A.The equity shares extinguished in dematerialised form are as under: Name of the Name of the Company’s Date of No. of Equity Depository Depository Client ID No. Extinguishment Shares Participant and DP Extinguished ID No. National Securities Ventura Securities 16094020 October 30, 2026 1,562,500 Depository Limited Limited (IN303116) Total (A) 1,562,500 B. The equity shares destroyed in physical form are as under: Registered Folio Certificate No. Distinctive No. of Equity Shares No. of Equity No. Shares Extinguished Nil* [* No Equity Share(s) of the Company in physical form were validly tendered in the Buyback]. C.The total equity shares extinguished/destroyed in dematerialised and physical form are as under: Total Number of Equity Shares Extinguished/Destroyed (A + B) 1,562,500 D.Reconciliation of share capital: Sr. Particulars No of equity share of Equity Share Capital No. INR 2/- each (INR) 1. Issued Capital before extinguishment of 76,831,142 153,662,284 equity shares (a) 2. Equity shares in demat/electronic form 1,562,500 3,125,000 extinguished (b) 3. Physical form Equity Shares Nil Nil extinguished (c) 4. Issued Capital (Post extinguishment) (a- 75,268,642 150,537,284 b-c) This is to certify that the above equity shares of the Company, being in dematerialised form were extinguished in compliance with the provisions of Regulation 11 of the SEBI Buyback Regulations. For Transport Corporation of India For Transport Corporation of For Transport Corporation of Limited India Limited India Limited Name: Dharmpal Agarwal Name: Vineet Agarwal Name: Hansa Sharma Designation: Chairman & Managing Designation: Managing Director Designation: Company Secretary Director DIN: 00380300 & Compliance Officer DIN: 00084105 Membership No.: A42616 For KFin Technologies Limited (Formerly known as KFin For Vinod Kothari & Company Technologies Private Limited) Practicing Company Secretaries Name: Williams R Secretarial Auditor Designation: Vice President Peer Review Certificate No.: 4123/2023 Name: Vinita Nair Membership No. – F10559 Certificate of Practice No. 11902 UDIN: F010559H002113594 Date: November 2, 2026 Enclosed: Confirmation from National Securities Depository Limited for extinguishment of Equity Shares in dematerialised form. ANNEXURE 2 Category of Pre-Buyback Post-Buyback* Shareholders Number of Equity % to the existing Number of Equity % to the existing Shares equity share Shares equity share capital capital Promoters & 5,27,49,590 68.66 5,27,49,590 70.08 Promoter Group along with persons acting in concert Foreign Investors 23,37,276 3.04 (including Non- Resident Indians, FIIs and Foreign Mutual Funds) 29.92 Financial 97,54,789 12.70 Institutions /NBFC 2,25,19,052 Banks & Mutual Funds promoted by Banks / Institutions Others (Public, 1,19,89,487 15.60 Public Bodies Corporate etc.) Total 7,68,31,142 100.00 7,52,68,642 100 [Showing first 8,000 characters — download PDF for full document]