TCI Express Limited — Others, 30-05-2025: Change in Management

TCI Express Limited has announced a board meeting approving the financial results for the quarter and half-year. The Board proposed a final dividend of Rs. 2.00 per share, subject to shareholder approval. Leadership updates include continuation of Mr. Dharmpal Agarwal as Non-Executive Director, appointment of Mr. Phool Chand Sharma as Independent Director, and elevation of CFO Mr. Mukti Lal to Executive Director & CFO, all pending shareholder nod. Employee Stock Options were repriced and extended, with 45,100 options granted. M/s. Brahmayya & Co. are proposed as new statutory auditors, replacing M/s. R.S. Agarwala & Co., while M/s. PI & Associates are set for secretarial audit. Committee memberships were reshuffled accordingly.