Bhoruka Supply Chain Solutions Holdings Limited Continues TCI Acquisition Spree

2 min read     Updated on 17 Mar 2026, 01:00 PM
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Bhoruka Supply Chain Solutions Holdings Limited has completed its third consecutive acquisition of Transport Corporation of India Limited shares, purchasing 2,079 equity shares on March 16, 2026. The transaction increased Bhoruka's shareholding to 44.1207%, representing a cumulative increase of 0.0078% across three recent acquisitions totaling 5,979 shares. All transactions were conducted through open market operations in compliance with SEBI regulations.

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Bhoruka Supply Chain Solutions Holdings Limited has filed another regulatory disclosure regarding its acquisition of 2,079 equity shares in Transport Corporation of India Limited on March 16, 2026. The disclosure was submitted to BSE Limited and National Stock Exchange of India Limited under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011.

Latest Acquisition Details

The most recent transaction involved the purchase of 2,079 equity shares through open market operations on March 16, 2026. This acquisition represents an increase of 0.0027% in Bhoruka's shareholding in Transport Corporation of India Limited.

Parameter Before Acquisition After Acquisition Change
Number of Shares 3,38,57,820 3,38,59,899 +2,079
Shareholding Percentage 44.1180% 44.1207% +0.0027%
Voting Rights 44.1180% 44.1207% +0.0027%

Sequential Acquisition Activity

This marks the third consecutive acquisition by Bhoruka Supply Chain Solutions Holdings Limited in Transport Corporation of India Limited shares within a week. The series of transactions demonstrates sustained investment by the promoter group entity.

Recent Transaction Timeline Share Count Cumulative Impact
March 10, 2026 1,000 shares 44.1129% to 44.1142%
March 13, 2026 2,900 shares 44.1142% to 44.1180%
March 16, 2026 2,079 shares 44.1180% to 44.1207%
Total Acquired 5,979 shares Net increase: +0.0078%

Company Structure and Capital Details

Bhoruka Supply Chain Solutions Holdings Limited operates as part of the promoter group of Transport Corporation of India Limited. The target company maintains a stable equity structure with no changes to its share capital during these acquisitions.

Capital Structure Details
Share Capital INR 15,34,87,594
Total Equity Shares 7,67,43,797
Face Value per Share INR 2
Current Bhoruka Holding 3,38,59,899 shares
Shareholding Percentage 44.1207%

Regulatory Compliance and Documentation

The disclosure was signed by Sudhir Kumar Agarwal, Director of Bhoruka Supply Chain Solutions Holdings Limited, on March 17, 2026. The company maintains its registered office at DPT 625/626, DLF Prime Tower, Okhla, Phase-I, New Delhi-110020, with corporate office located at Plot No. 69, TCI House, Institutional Area, Sector-32, Gurugram-122001.

Stock Exchange Information

Transport Corporation of India Limited shares continue to be listed on both major Indian stock exchanges. All acquisitions have been conducted through open market operations while maintaining full compliance with SEBI regulations.

Exchange Details Information
BSE Limited Scrip Code: 532349
National Stock Exchange Scrip Symbol: TCI
Acquisition Mode Open Market
Latest Transaction Date March 16, 2026

Historical Stock Returns for Transport Corporation of India

1 Day5 Days1 Month6 Months1 Year5 Years
+1.84%+6.14%-6.42%-20.43%-16.06%+258.44%
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Transport Corporation of India Shareholders Approve Material Related Party Transactions

2 min read     Updated on 16 Mar 2026, 08:22 PM
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Transport Corporation of India successfully obtained shareholder approval for material related party transactions through postal ballot with overwhelming support of 99.9987% votes in favour. The voting process achieved 83.55% participation rate with 6,41,02,865 votes polled out of 7,67,26,987 total shares outstanding, demonstrating strong shareholder confidence in the proposed transactions between subsidiary TCI-CONCOR Multimodal Solutions and Container Corporation of India.

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Transport Corporation of India Limited has successfully secured shareholder approval for material related party transactions through a postal ballot process concluded on March 16, 2026. The company announced that shareholders overwhelmingly supported the ordinary resolution with 99.9987% of votes cast in favour of the proposed transactions between its subsidiary and Container Corporation of India Ltd.

Official Voting Results and Documentation

The company formally communicated the voting results to BSE Limited and National Stock Exchange of India Limited on March 16, 2026, pursuant to Regulation 44(3) read with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The postal ballot notice dated February 04, 2026, sought approval for material related party transactions between TCI-CONCOR Multimodal Solutions Pvt. Ltd., a subsidiary of the company, and Container Corporation of India Ltd.

Parameter: Details
Total Shareholders on Record: 47,942
Voting Period: February 13, 2026 to March 14, 2026
Cut-off Date: February 10, 2026
Total Shares Outstanding: 7,67,26,987
Total Votes Polled: 6,41,02,865
Voting Participation: 83.5467%

Category-wise Voting Results

The voting results demonstrated strong support across all shareholder categories. The Promoter and Promoter Group showed unanimous support with 100% votes in favour, while public shareholders also voted overwhelmingly in support of the resolution.

Category: Shares Held Votes Polled Participation (%) Votes in Favour Votes Against
Promoter Group: 5,27,30,808 5,21,39,751 98.88% 5,21,39,751 0
Public Institutions: 1,22,52,470 1,12,77,847 92.05% 1,12,77,783 64
Public Non-Institutions: 1,17,43,709 6,85,267 5.84% 6,84,495 772

Scrutinizer's Report and Compliance

M/s. V K Bajaj & Associates, through proprietor Mr. Vasanth Kumar Bajaj (Membership No. FCS 6868, COP No. 5827), served as the appointed Scrutinizer for the postal ballot process. The scrutinizer's report dated March 16, 2026, confirmed that the ordinary resolution received requisite majority approval with 64,10,20,29 votes cast in favour and only 836 votes against.

Voting Summary: Details
Total Members Voted in Favour: 300
Total Members Voted Against: 11
Votes in Favour: 6,41,02,029 (99.9987%)
Votes Against: 836 (0.0013%)
Resolution Status: Approved with Requisite Majority

E-Voting Process and Regulatory Framework

The postal ballot process was conducted in accordance with Section 108 and 110 of the Companies Act, 2013, and Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014. The remote e-voting facility was provided by Central Depository Services Limited (CDSL) through their platform www.evotingindia.com .

The voting window remained open from 09:00 A.M. on Friday, February 13, 2026, to 5:00 P.M. on Saturday, March 14, 2026. The process complied with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency and regulatory adherence throughout the approval process.

Historical Stock Returns for Transport Corporation of India

1 Day5 Days1 Month6 Months1 Year5 Years
+1.84%+6.14%-6.42%-20.43%-16.06%+258.44%
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1 Year Returns:-16.06%