Transport Corporation of India Limited has issued a postal ballot notice seeking shareholder approval for material related party transactions worth up to Rs 5000 Million. The company filed the notice with stock exchanges on February 12, 2026, in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Transaction Details and Structure

The proposed transactions involve TCI-CONCOR Multimodal Solutions Pvt. Ltd., a subsidiary of Transport Corporation of India, and Container Corporation of India Ltd. The transactions are expected to aggregate up to Rs 5000 Million, excluding taxes, during the financial year 2025-26.

Previous Transaction History

The companies have maintained ongoing business relationships with substantial transaction volumes in recent periods:

Postal Ballot Process and Timeline

The company has appointed M/s. V K Bajaj & Associates through Partner Mr. V K Bajaj, Practicing Company Secretary, as scrutinizer for conducting the postal ballot through remote e-voting process. The voting will be conducted exclusively through electronic mode.

Regulatory Compliance and Approval Requirements

The transactions require shareholder approval under Regulation 23(4) of SEBI Listing Regulations as they exceed the materiality threshold specified in Schedule XII. The Audit Committee and Board of Directors have already provided their approval on February 04, 2026.

The proposed transaction value represents 12.4% of Transport Corporation of India's annual consolidated turnover and 144.8% of the subsidiary's annual standalone turnover for the immediately preceding financial year. Container Corporation of India reported a turnover of Rs 88,870.2 Million, profit after tax of Rs 12,918.4 Million, and net worth of Rs 123,801.9 Million for FY 2025.

Voting Eligibility and Process

Shareholders whose names appear in the Register of Members or Register of Beneficial Owners as on the cut-off date of February 10, 2026, are eligible to vote. The postal ballot notice is being sent only through electronic mode to registered email addresses. Physical copies will not be distributed in compliance with MCA circulars.

The transactions are proposed to be conducted at arm's length basis and in the ordinary course of business. Related parties as defined under SEBI Listing Regulations will not be eligible to vote on this resolution. The resolution, if passed by requisite majority, will be deemed effective from the last date of remote e-voting.

Transport Corporation of India Limited has released the transcript of its analysts/investors conference call held on February 5, 2026, discussing the company's Q3FY26 financial results. The logistics major filed the transcript with stock exchanges on February 12, 2026, maintaining its commitment to transparent stakeholder communication.

Conference Call Documentation

The company submitted the conference call transcript to both BSE Limited and National Stock Exchange of India Limited in compliance with SEBI regulations. The filing addresses Regulation 30 and 46(2) read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Q3FY26 Results Discussion

The conference call covered the company's unaudited financial results for the third quarter and nine months ended December 31, 2025. The transcript is available on the company's website at tcil.com, providing stakeholders with comprehensive access to management discussions and analyst interactions.

Sunil Kumar, serving as Compliance Officer, digitally signed the submission on February 12, 2026. The company has made the transcript publicly available to ensure transparency and meet disclosure requirements under SEBI regulations.

Previous Documentation Updates

Earlier, Transport Corporation of India had submitted a revised investor presentation on February 8, 2026, addressing minor corrections in their Q3FY26 financial documentation. The original presentation was submitted on February 5, 2026, the same day as the conference call.

The release of the conference call transcript demonstrates Transport Corporation of India's adherence to regulatory compliance and commitment to maintaining open communication channels with investors and analysts regarding its financial performance.