TCI Express Limited has informed the Exchange regarding Allotment of Shares.
TCIEXP · price
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TCI Express Limited has allotted 12,180 equity shares to eligible employees under its Employee Stock Option Scheme 2016 (ESOS-2016), specifically Tranche 1 of Part-VIII, upon exercise of vested options. The shares were allotted on July 15, 2025, by the Share Transfer Committee of the Board. As a result, the company's paid-up equity share capital has increased from 38,380,020 to 38,392,200 shares of face value Rs. 2 each. The newly issued shares will rank equally with existing equity shares. This is a routine disclosure under SEBI Listing Regulations, and the details have also been hosted on the company's website.
This is a minor, routine ESOP allotment resulting in negligible dilution for existing shareholders. No material impact on stock price is expected as the number of shares issued is very small relative to the total share capital.