Bhoruka Supply Chain Solutions Holdings Limited has announced the acquisition of 674 equity shares of Transport Corporation of India Limited on March 02, 2026. The acquisition was disclosed under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as the company belongs to the promoter group of Transport Corporation of India Limited.

Transaction Details

The acquisition was executed through open market transactions on March 02, 2026. The purchase of 674 equity shares represents a minimal increase of 0.0009% in both the total share capital and voting capital of the target company.

Shareholding Pattern Changes

Following the acquisition, Bhoruka Supply Chain Solutions Holdings Limited's stake in Transport Corporation of India Limited has increased marginally. The company's shareholding pattern before and after the transaction shows a consistent position as a significant promoter group entity.

Company Structure and Capital

Transport Corporation of India Limited's equity structure remains unchanged following this acquisition. The company's total equity share capital stands at INR 15,34,87,594, comprising 7,67,43,797 equity shares with a face value of INR 2 each. The shares are listed on both BSE Limited and National Stock Exchange of India Limited.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations governing substantial acquisition of shares and takeovers. As a promoter group entity, Bhoruka Supply Chain Solutions Holdings Limited is required to disclose such acquisitions to maintain transparency in shareholding patterns. The transaction documentation was signed by Sudhir Kumar Agarwal, Director of Bhoruka Supply Chain Solutions Holdings Limited, from Gurugram on March 02, 2026.

This acquisition reinforces Bhoruka's position as a key promoter group entity while maintaining the existing capital structure of Transport Corporation of India Limited. The marginal increase in shareholding demonstrates continued confidence in the target company's prospects.

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.