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Insider Trading30 Sept 2026, 03:37 pm

TCI Express: Promoter Group Entities Engage in Share Sales and Purchases

AI Summary

TCI Express Limited has disclosed shareholding changes involving two promoter group entities. TCI Trading sold 10,90,000 equity shares, reducing its holding from 5.75% to 2.91%. XPS Cargo Services Limited purchased equity shares, though the specific quantity and value for this purchase are not detailed in the provided text. These transactions are reported under SEBI (Prohibition of Insider Trading) Regulations, 2015, specifically Regulation 7(2)(b). The sale by TCI Trading occurred on the NSE via a block deal on September 30, 2026, with a transaction value of ₹54,78,50,000. The computed percentage change for TCI Trading's sale is 2.84% (5.75% - 2.91%).

Key Highlights

  • TCI Trading sold 10,90,000 equity shares, a 2.84% reduction in holding.
  • XPS Cargo Services Limited purchased equity shares in TCI Express.
  • The sale by TCI Trading was valued at ₹54,78,50,000 via a block deal.
  • Transactions are disclosed under SEBI (Prohibition of Insider Trading) Regulations.
  • The company is TCI Express Limited, with ISIN INE586V01016.