Transport Corporation of India Limited — Important, 17-02-2025: General Updates
Bhoruka Supply Chain Solutions Holdings Limited (BSCSHL) has acquired an additional 11,200 equity shares in Transport Corporation of India Ltd. (TCI), increasing its holding from 3,38,21,317 shares (44.15%) to 3,38,32,517 shares (44.17%) of the total voting capital. This acquisition was conducted through a market purchase. Following this transaction, TCI's total equity share capital remains at ₹15,31,86,544, divided into 7,65,93,272 fully paid-up shares of face value ₹2 each. The acquisition may enhance BSCSHL's influence within TCI, reflecting a strategic move in the logistics sector. Investors should monitor this development for potential shifts in TCI's governance and long-term strategic direction.
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