Bhoruka Supply Chain Solutions Holdings Limited has executed its fifth consecutive acquisition of equity shares in Transport Corporation of India Limited, purchasing 918 equity shares on March 09, 2026. This latest transaction continues the systematic investment pattern by the promoter group entity, following previous acquisitions on March 02, March 04, March 05, and March 06, 2026.

Latest Transaction Details

The most recent acquisition was completed through open market transactions on March 09, 2026, as disclosed under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The purchase represents a 0.0012% increase in both the total share capital and voting capital of the target company.

Updated Shareholding Pattern

Following the latest acquisition, Bhoruka Supply Chain Solutions Holdings Limited's consolidated position in Transport Corporation of India Limited has strengthened to 44.1129%. The company's shareholding has increased from 44.1117% to its highest level through this transaction.

Sequential Acquisition Pattern

The five consecutive acquisitions within a span of eight days demonstrate a systematic approach to increasing stake in Transport Corporation of India Limited. Combined, all five transactions have resulted in the acquisition of 5,818 equity shares, representing a cumulative increase of 0.0076% in shareholding.

Company Structure and Regulatory Framework

Transport Corporation of India Limited maintains its equity structure with total equity share capital of INR 15,34,87,594, comprising 7,67,43,797 equity shares with a face value of INR 2.00 each. The shares continue to be listed on both BSE Limited and National Stock Exchange of India Limited.

Compliance and Documentation

The disclosure was made in accordance with SEBI regulations governing substantial acquisition of shares and takeovers. The transaction documentation was digitally signed by Sudhir Kumar Agarwal, Director of Bhoruka Supply Chain Solutions Holdings Limited, from Gurugram on March 10, 2026. As a promoter group entity, the company maintains transparency in all shareholding pattern changes through timely regulatory filings.

These strategic acquisitions reinforce Bhoruka's commitment as a key promoter group entity while demonstrating continued confidence in Transport Corporation of India Limited's business prospects and growth potential.

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.