Transport Corporation of India Limited — Important, 31-01-2025: General Updates
31-01-2025 | 02:57 pm
31-01-2025 | 02:57 pm
Bhoruka Supply Chain Solutions Holdings Limited has acquired an additional 5,570 equity shares of Transport Corporation of India Ltd. (TCI), increasing its holding to 3,37,89,910 shares, representing 44.11% of TCI's total voting capital. The acquisition was conducted through the market purchase method. The total equity share capital of TCI remains at ₹15,31,86,544, divided into 7,65,93,272 equity shares of ₹2 each. This move strengthens Bhoruka's position within TCI and indicates a potential confidence in TCI's strategic direction. Investors should monitor this development for any implications on share performance and corporate governance.
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