Transport Corporation of India Limited — Others, 14-05-2025: Change in Auditors

Transport Corporation of India Ltd. has announced a board meeting that approved audited financial results for the quarter and half-year ended March 31, 2025. The company granted 122,000 stock options at an exercise price of Rs. 550 under its ESOP and plans to raise up to Rs. 200 Cr via non-convertible debentures/bonds, pending shareholder approval. M/s Vinod Kothari & Co. was appointed as Secretarial Auditors for five years. The chemical logistics segment was transferred to a wholly owned subsidiary through a slump sale for Rs. 452.4 Mn in equity investment. A share buyback of 1.33 million shares at Rs. 1,400 each was completed. Freight and Supply Chain Solutions remain key revenue drivers, with continued investment in fixed assets and strong operating cash flows.