Transport Corporation of India Limited has completed the allotment of 16,810 equity shares to eligible employees under its Employee Stock Option Plan (ESOP-2017). The allotment was executed across multiple tranches of the company's stock option scheme, marking another milestone in the company's employee incentivization program.

Share Allotment Details

The Share Transfer Committee of the Board of Directors approved the allotment in their meeting held on February 27, 2026. The allotment covers equity shares under ESOP-2017's 5th, 6th, and 7th tranches, with employees exercising their vested options to acquire these shares.

Impact on Share Capital

The allotment has resulted in a corresponding increase in the company's paid-up equity share capital. The newly issued shares carry the same rights and privileges as existing equity shares of the company.

Regulatory Compliance

The allotment was conducted in accordance with the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The company has informed both BSE Limited and National Stock Exchange of India Limited about this development as part of its regulatory compliance obligations under Regulation 30.

The newly allotted equity shares rank pari-passu with the existing equity shares of Transport Corporation of India Limited in all respects, ensuring equal treatment for all shareholders. This ESOP allotment reflects the company's continued commitment to employee participation in its growth story through equity-based compensation schemes.

Transport Corporation of India Limited has filed regulatory disclosures regarding share transfer transactions executed by promoter group members on February 23, 2026. The transactions involved three members of the promoter group conducting inter-se transfers totaling 8,00,000 equity shares.

Transaction Details

The share transfers were executed under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, specifically Regulation 29(2). Two promoter group members acquired shares while one member disposed of shares through inter-se transfers.

Holdings Before and After Transactions

The transactions resulted in changes to individual promoter group member holdings while maintaining overall promoter group ownership structure.

Vihaan Agarwal Holdings

Nav Agarwal Holdings

Priyanka Agarwal Holdings

Company Share Capital Structure

The company's equity share capital structure remained unchanged following these inter-se transfers among promoter group members.

Regulatory Compliance

All three promoter group members filed their respective disclosures with BSE Limited and National Stock Exchange of India Limited on February 24, 2026. The transactions were executed through inter-se transfers, a common method for share transfers among promoter group entities. The disclosures comply with SEBI regulations requiring notification of substantial share acquisitions and disposals by promoter group members.