Transport Corporation of India Limited — Important, 01-02-2025: General Updates

Bhoruka Supply Chain Solutions Holdings Ltd. has increased its stake in Transport Corporation of India Ltd. (TCI) by acquiring an additional 5,653 shares, raising its total holding to 3,37,95,563 shares, which constitutes 44.12% of TCI’s voting capital. This acquisition was made through market purchases between January 31 and February 1, 2025. TCI’s equity share capital remains at Rs. 15,31,86,544, comprised of 7,65,93,272 fully paid-up equity shares with a face value of Rs. 2 each. This strategic increase in equity suggests Bhoruka's growing confidence in TCI, which could present a positive outlook and potential benefits for TCI shareholders. Investors may want to watch closely for future developments regarding this stake as it may signal further strategic initiatives or alignments.