
Board Meeting27 May 2026, 07:52 pm
TCI Express: Director Appointments & Re-appointments Approved
AI Summary
TCI Express Ltd's board meeting on May 27, 2026, approved the audited standalone and consolidated financial results for the year ended March 31, 2026. It re-appointed Mr. Chander Agarwal as Managing Director for five years from August 17, 2026, and Mr. Vineet Agarwal as Director. Mr. Pavan Kumar Munjuluri and Mr. Vikram Mehta were appointed as Additional Non-Executive Independent Directors for five years. Mr. Soumya Ranjan Rout, IT-Head, was appointed as Senior Management Personnel. The board also approved a revised Nomination and Remuneration Policy and granted 46,200 stock options under ESOP 2016.
Key Highlights
- Chander Agarwal re-appointed as Managing Director for five years, effective August 17, 2026.
- Vineet Agarwal re-appointed as Director liable to retire by rotation.
- Pavan Kumar Munjuluri and Vikram Mehta appointed as Non-Executive Independent Directors.
- Soumya Ranjan Rout appointed as Senior Management Personnel (SMP).
- Approved grant of 46,200 stock options at ₹250 per option under ESOP 2016.
Price Impact
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