Transaction Overview

An inter-se transfer of 123,900 equity shares of TCI Express Limited occurred through open market transactions between June 29, 2026 and June 30, 2026. The transaction involved two promoter group entities:

Seller Details (Annexure-1)

  • Seller: TCI Trading (Dharmpal Agarwal)
  • Shares Sold: 123,900 equity shares (0.32% of total voting capital)
  • Holding Before Sale: 2,487,497 shares (6.47% of total voting capital)
  • Holding After Sale: 2,363,597 shares (6.15% of total voting capital)
  • Mode of Transaction: Inter-se transfer by way of open market

Acquirer Details (Annexure-2)

  • Acquirer: TCI Express Consolidated Limited
  • Shares Acquired: 123,900 equity shares (0.32% of total voting capital)
  • Holding Before Acquisition: 17,058,233 shares (44.40% of total voting capital)
  • Holding After Acquisition: 17,182,133 shares (44.72% of total voting capital)
  • Mode of Transaction: Inter-se transfer by way of open market

Capital Structure Impact

  • Equity Share Capital Before Transaction: ₹7,68,37,980 divided into 3,84,18,990 equity shares of ₹2.00 each
  • Equity Share Capital After Transaction: ₹7,68,37,980 divided into 3,84,18,990 equity shares of ₹2.00 each
  • Total Diluted Share/Voting Capital: Unchanged at ₹7,68,37,980 divided into 3,84,18,990 equity shares
  • No change to the company's total share capital structure as a result of this inter-se transfer

Financial Impact

The transaction represents a redistribution of shares within the promoter group without any cash inflow or outflow from the company. No financial impact on the company's operations or financial position has been disclosed.

#Tags: #TCIExpress #SEBITakeoverRegulations #Reg29(2) #PromoterGroup #ShareTransfer #Neutral