Dharmpal Agarwal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
TCIEXP · price
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Dharmpal Agarwal, on behalf of the Promoter and Promoter Group of TCI Express Limited, has submitted an annual disclosure confirming that no encumbrance (pledge or charge) has been created on the 26,687,662 equity shares held by the promoter group as of March 31, 2026. This represents 69.46% of the total share capital. The promoter holding is diversified across family members (Individuals/HUF) holding approximately 19.78%, and body corporate entities (including TCI Exim Private Limited and TCI Express Consolidated Limited) holding approximately 49.68%. This is a routine annual filing under SEBI's takeover regulations to maintain transparency on promoter share pledges.
The confirmation of zero encumbrance on the promoter stake is a positive signal for retail investors, indicating that the promoters' shares are not pledged to lenders and there is no immediate risk of forced share sales that could dilute promoter holding or impact stock price.