Transport Corporation of India Ltd

Meeting Details

• Date and time: Wednesday, 28 Oct 2026, 4:00–5:00 PM IST.
• Type and mode: Group virtual conference call.
• Organizer: Analyst/Investor conference call by Transport Corporation of India.
• Key participants: Managing Director; Group CFO.
• Purpose: Discuss Q2 FY2026-27 and H1 FY27 results; address queries.
• Platform: Zoom; meeting link provided in filing.
• Recording: No recording or transcript mentioned.

Meeting Details

• Board meeting scheduled for October 27, 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated results for Q2 and H1 ended Sept 30, 2026.

Other Notes

• Trading window closed from Sept 24, 2026, to Oct 29, 2026 (inclusive).

Buyback authorization and terms

• Board approved buyback of up to 1.56 million equity shares via tender offer.
• Buyback price INR 960 per share; total up to INR 150 crore.
• Proposed buyback represents up to 2.03% of total equity shares as on March 31, 2026.
• Record date Oct 9, 2026; promoters not participating; subject to regulatory approvals.
• 15% small shareholder reserve; higher of 15% or small-shareholding entitlement.
• Funding from securities premium and/or free reserves; no borrowings.
• Public shareholding minimum 25%.
• Intermediaries: ICICI Securities as Manager; ICICI Bank as Escrow; KFin as Registrar.
• Buyback committee formed; dissolution on completion; board authorized to execute; completion within 1 year.

Buyback details

• Board approved buyback of up to 1,562,500 equity shares at INR 960 per share, aggregate INR 150 crore
• Buyback via tender offer on proportionate basis under Companies Act 2013 and SEBI Buyback Regulations
• Public Announcement published Sep 30, 2026 in Financial Express, Jansatta, and Nava Telangana
• Shares are fully paid-up with face value INR 2 per share
• Aggregate buyback amount not exceeding INR 150 crore

Buyback and promoter participation

• Board approved buyback of up to 1,562,500 equity shares (2.03% of paid-up capital) at ₹960 each.
• Aggregate consideration not to exceed ₹1.5 billion.
• Tender-offer route under Companies Act 2013 and SEBI Buyback Regulations.
• Promoter group has option to participate; promoters communicated non-participation.

WOS in China

• Board meeting on Sep 29, 2026 approved WOS and buyback proposals.
• Board approves incorporation of a Wholly Owned Subsidiary in the PRC.
• Entity to be 100% owned; initial focus in Shanghai or Shenzhen FTZs.
• Proposed WOS will undertake logistics and supply chain activities.
• Estimated cost up to USD 2 million; cash subscription possible in tranches.
• Will be a WFOE LLC; 100% ownership and control.
• Subject to approvals under FDI rules.

Buyback details

• Buyback of up to 1,562,500 equity shares at ₹960 per share.
• Represents up to 2.03% of paid-up equity capital.
• Aggregate buyback size up to ₹1,500,000,000; costs excluded.
• Record Date: 9 October 2026.
• Tender offer route; promoters not participating.
• Buyback Committee formed; powers delegated.
• Pre-buyback pattern as on 25 September 2026.
• Post-buyback pattern to be ascertained.
• Public announcement and offer letter to be released in due course.

Transport Corporation of India Ltd — Trading window closed with immediate effect from September 24, 2026 and shall continue to remain closed till 48 hours after the declaration of the unaudited financial results for the quarter and half year ending September 30, 2026.

Meeting Details

• Date: September 29, 2026; time and venue not disclosed.

Key Agenda Items

• To consider and approve buyback of fully paid-up equity shares; related incidental matters.

Other Notes

• Trading window closed until 48 hours after Q2 FY27 results announcement.

Transfer of unclaimed dividends to IEPF

• Unpaid/unclaimed dividends since 2019-20 will be transferred to the IEPF if not claimed by Dec 11, 2026.
• Letters issued to shareholders via Registrar to facilitate the transfer.
• Details of affected shareholders available on the company website.
• Transfer covers seven consecutive years of unclaimed dividends and associated equity shares.
• Shareholders may claim by writing to the company; if already applied, ignore this letter.
• IEPF rules and RTA contact details provided for claiming amounts.
• No claim shall lie against IEPF or company for transferred amounts.
• Shareholders should ensure email/DP updates to receive future communications.
• Dated: September 11, 2026; Company Secretary & Compliance Officer signs the document.