Transport Corporation of India Limited has notified stock exchanges about a potential interim dividend consideration during its upcoming board meeting. The logistics company informed BSE and NSE that the Board of Directors may deliberate on the payment of 1st interim dividend for FY26.

Board Meeting Details

The board meeting is scheduled for Wednesday, February 04, 2026, as previously communicated through the company's letter dated January 16, 2026. This latest communication serves as an additional intimation regarding the potential dividend consideration during the same meeting.

Trading Window Closure

The company has implemented a trading window closure as part of its compliance with insider trading regulations. The restriction on trading in company shares became effective from January 01, 2026, and will continue until February 06, 2026.

Regulatory Compliance

Transport Corporation of India Limited has issued this notice in compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's Compliance Officer, Sunil Kumar, signed the official communication dated January 28, 2026.

The information has been made available on the company's official website at www.tcil.com , ensuring transparency and accessibility for all stakeholders. The company operates from its corporate office in Gurugram, Haryana, with its registered office located in Secunderabad, Telangana.

Transport Corporation of India has announced the completion of a significant corporate restructuring transaction involving the sale of its Singapore-based subsidiary. The company disclosed to stock exchanges on January 27, 2026, that it has successfully divested 100% equity shares of TCI Global (Singapore) Pte. Ltd. to TCI Express Limited through a Share Purchase Agreement dated January 26, 2026.

Transaction Structure and Parties

The transaction involves three key entities within the TCI group structure. TCI Holdings Asia Pacific Pte. Ltd., a wholly owned subsidiary of Transport Corporation of India, served as the seller in this arrangement. The buyer, TCI Express Pte. Ltd., is a subsidiary of TCI Express Limited. Following the completion of this transaction, TCI Global (Singapore) Pte. Ltd. has ceased to be a step-down wholly owned subsidiary of Transport Corporation of India and has become a step-down wholly owned subsidiary of TCI Express Limited.

Financial and Regulatory Aspects

The transaction has been structured as a related party transaction, given that both entities are connected through the promoter group. However, the company has emphasized that the transaction was conducted on an arm's length basis, with the consideration of SGD 18,000 determined based on an independent valuation report. This approach ensures compliance with regulatory requirements for related party transactions under SEBI guidelines.

Impact on Corporate Structure

The divestment represents a strategic realignment within the TCI group's international operations. Transport Corporation of India has clarified that as it was not directly a party to the Share Purchase Agreement, no rights, obligations, or liabilities of any nature accrue to the company pursuant to this agreement. The transaction has no impact on the management or control of the listed entity, and no restrictions or liabilities have been imposed upon Transport Corporation of India as a result of this restructuring.

Regulatory Compliance

The disclosure was made in accordance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015 and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. This transaction follows an earlier communication from the company dated October 29, 2025, regarding the proposed sale of the Singapore subsidiary. The completion of this corporate restructuring demonstrates the company's commitment to optimizing its subsidiary structure and enhancing operational efficiency within the group.