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    ALPHA TRIBE

    TCI Express Limited — Important, 29-05-2025: General Updates

    29-05-2025 | 11:32 pm

    TCI Express has announced a board meeting on the financial results for the quarter and half-year. Its subsidiary, TCI Express Pte. Ltd., secured a Standby Letter of Credit of about SGD 13.84 lakh (₹15 Cr) from DBS Bank India Ltd., enhancing financial flexibility to support loan and operational requirements. This SBLC is a contingent liability but positions the subsidiary better for growth opportunities.

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