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TCI Express Limited is an express cargo logistics company with its own set up across India. It carries distribution through various modes of transport and is specialized in offering time definite solutions.
TCI Express's promoter group saw an inter-se transfer of 13,100 equity shares through the open market. TCI Trading reduced its stake by 0.03%, while TCI Express Consolidated Limited increased its holding by 0.03%, maintaining overall promoter group stability.
TCI Express: Promoter group TCI Trading (Dharmpal Agarwal) disposed of 16,000 shares, reducing its stake from 5.89% to 5.85%. Simultaneously, TCI Express Consolidated Ltd acquired these 16,000 shares, increasing its holding from 44.95% to 44.99%. This inter-se transfer is an internal restructuring within the promoter entities.
TCI EXPRESS's promoter group completed an inter-se transfer of 52,000 equity shares. TCI Trading (Dharmpal Agarwal) disposed of these shares, reducing its stake from 6.03% to 5.90%. Concurrently, TCI Express Consolidated Limited acquired the shares, increasing its holding from 44.84% to 44.98%. This rebalances promoter group shareholdings.