TCI Express Limited — Important, 02-07-2025: Updates

TCI Express has announced a board meeting to approve the financial results for the quarter and half-year. Shareholders will vote on key items at the AGM, including re-appointment of Mr. Dharmpal Agarwal as Non-Executive Chairperson beyond 75 years, appointment of M/s. Brahmayya & Co. as new Statutory Auditors for five years, and appointment of M/s. PI & Associates as Secretarial Auditors. Mr. Phool Chand Sharma will be appointed as an Independent Director, and Mr. Mukti Lal elevated to Executive Director and CFO for five years. The company plans to reprice ESOPs granted in FY22-23 and FY23-24, extending vesting and exercise periods to enhance employee retention and motivation. A final dividend of ₹2 per share is recommended, subject to shareholder approval.