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

TCI Express Limited has announced a board meeting to approve the financial results for the quarter and half-year, reporting consolidated net sales of Rs. 1,208.27 Cr and net profit of Rs. 85.81 Cr. The Board has proposed a final dividend of Rs. 2 per share. Key leadership updates include extending Mr. Dharmpal Agarwal’s tenure as Non-Executive Director beyond 75 years, appointing Mr. Phool Chand Sharma as Independent Director, and elevating CFO Mr. Mukti Lal to Executive Director for five years, all pending shareholder approval. M/s. Brahmayya & Co. is proposed as new statutory auditors, replacing retiring auditors. Employee stock options have been revised with extended vesting periods, subject to shareholder consent, and Board committees were restructured accordingly.