Shareholding30 Sept 2026, 03:35 pm
TCI Express: Promoter Group TCI Trading Sells 10.9 Lac Shares (2.84%)
AI Summary
TCI Express Ltd. announced that its promoter group entity, M/s. TCI Trading, sold 10,90,000 equity shares, representing 2.84% of the company's total share capital. Following this sale, TCI Trading's shareholding decreased from 22,09,497 shares (5.75%) to 11,19,497 shares (2.91%). Concurrently, M/s. XPS Cargo Services Limited, another promoter group entity, purchased an equivalent number of shares. Both transactions occurred via open market block deals on September 29 and 30, 2026, leading to an internal rebalancing of shareholding within the promoter group.
Key Highlights
- Promoter group entity TCI Trading sold 10,90,000 equity shares.
- The sale represented 2.84% of TCI Express's total share capital.
- TCI Trading's holding decreased from 5.75% to 2.91% post-sale.
- XPS Cargo Services Limited, also promoter group, purchased these shares.
- Transactions were executed through open market block deals.
Price Impact
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