TCI Express Limited has informed the Exchange regarding Allotment of 26790 Shares.
TCIEXP · price
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TCI Express Limited has allotted 26,790 equity shares to eligible employees under its Employee Stock Option Scheme-2016 (ESOS-2016), specifically Tranche 3 of Part-VI and Tranche 2 of Part-VII. These shares were issued upon exercise of vested stock options and rank equally with existing equity shares. As a result, the company's paid-up share capital has increased from 38,392,200 to 38,418,990 equity shares of face value Rs. 2 each. The allotment was approved by the Share Transfer Committee of the Board on August 28, 2025.
This is a routine ESOP allotment with a small dilution (less than 0.07%) to existing shareholders. No material impact on share price or shareholder value is expected as these shares were already accounted for in the ESOS plan.