TCI Express Limited has announced a board meeting scheduled for February 3, 2026, to deliberate on the company's third quarter financial performance and potential interim dividend declaration. The meeting represents a continuation of the company's regular financial disclosure process as outlined in their earlier communication dated January 10, 2026.

Board Meeting Agenda

The primary agenda for the February 3, 2026 board meeting includes consideration and approval of unaudited financial results for both standalone and consolidated operations. The financial results will cover the third quarter and nine months period ended December 31, 2025.

Interim Dividend Consideration

The board may also consider and recommend an interim dividend on the equity shares of the company for financial year 2025-26. Should the board decide to declare an interim dividend, the record date has been predetermined as February 7, 2026, following consultation with stock exchanges.

Trading Window Closure

TCI Express Limited has reiterated that the trading window for dealing in the company's equity shares remains closed. The closure period, as communicated in the company's letter dated December 27, 2025, extends from January 1, 2026, and will continue until 48 hours after the communication of the financial results.

Regulatory Compliance

The announcement serves as the company's disclosure requirement under the provisions of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015. The communication was signed by Priyanka, Company Secretary & Compliance Officer, and dated January 26, 2026.

TCI Express Limited has successfully completed its acquisition of TCI Global (Singapore) Pte. Ltd., marking a strategic expansion into the Singapore logistics market. The transaction was finalized on January 26, 2026, through the company's wholly owned subsidiary TCI Express Pte. Ltd.

Transaction Details

The acquisition involved the purchase of 100% equity shares from TCI Holdings Asia Pacific Pte. Ltd., a step-down wholly owned subsidiary of Transport Corporation of India Limited. Following the completion of this transaction, TCI Global Singapore has become a step-down wholly owned subsidiary of TCI Express Limited.

Target Company Profile

TCI Global (Singapore) Pte. Ltd. was incorporated in 2006 and operates in the transport, logistics, and related services sector. The company provides comprehensive logistics solutions and distribution services, aligning with the core business activities of the TCI group in the transportation and logistics sector.

Strategic Rationale

The acquisition is part of TCI Express's broader strategy to expand its presence in the Singapore region. The company indicated that acquiring TCI Global Singapore was expected to be faster and more cost-effective compared to establishing operations from scratch in the region.

Related Party Transaction

The transaction qualifies as a related party transaction, with Mr. Chander Agarwal, Managing Director of TCI Express Limited, also serving as a Director of TCI Global Singapore. All concerned companies are related parties through common control by the promoter group, though the transaction was conducted on an arm's length basis.

Regulatory Compliance

The acquisition required no governmental or regulatory approvals. TCI Express had previously informed the stock exchanges about the proposed acquisition through letters dated October 30, 2025, and November 06, 2025, ensuring full compliance with disclosure requirements under SEBI regulations.