Transport Corp Promoters Opt Out of ₹1.5B Buyback

Date: September 29, 2026

The Board of Directors approved a buyback of not exceeding 1,562,500 fully paid-up equity shares
Each share has a face value of INR 2
The buyback represents up to 2.03% of the total number of equity shares in the paid-up equity share capital
Buyback price: INR 960 per equity share
Aggregate amount not exceeding INR 1,500,000,000 (Indian Rupees Fifteen Hundred Million)
Method: proportionate basis through the "tender offer" route
Regulatory framework: Companies Act, 2013 and SEBI (Buy-Back of Securities) Regulations, 2018

Members of the promoter and promoter group have the option to participate in the buyback under Buyback Regulations
Promoter group members communicated via letters dated September 29, 2026 their intention not to participate in the buyback

This disclosure serves as formal intimation to the stock exchanges regarding promoter non-participation in the approved buyback