TCI Express Limited — Others, 16-01-2025: Change in Management

Mr. Hemant Srivastava, Chief Operating Officer of TCI Express, has resigned due to health issues and personal concerns. His resignation will take effect at the close of business on January 31, 2025. With 25 years at the company, his departure marks a significant change in leadership. TCI Express acknowledges his contributions and expresses appreciation for his service.

Investors should consider the potential impact on operations and strategic direction following this transition. While this change introduces some uncertainty, it also opens opportunities for new leadership perspectives, leading to a neutral sentiment among shareholders.