Company has approved the grant of ESOPs under Employee Stock Option Plan - 2017.
TCI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Transport Corporation of India held its Board meeting on May 26, 2026 and approved Q4 and full year FY26 audited financial results. Standalone revenue grew to Rs. 49,168 Mn from Rs. 44,918 Mn in FY25, while profit after tax stood at Rs. 4,363 Mn versus Rs. 4,137 Mn in the prior year. The Board also approved the grant of 1,20,000 employee stock options under ESOP Plan-2017 (9th Tranche), vesting after a minimum of one year. Additionally, Ms. Hansa Sharma, Company Secretary, was appointed as the Compliance Officer. The Board recommended a final dividend of Rs. 1 per share (50%), which together with the earlier interim dividend of Rs. 9 per share makes a total dividend of Rs. 10 per share (500%) for FY26. Statutory auditors issued an unmodified opinion on both standalone and consolidated results.
The ESOP grant aligns employee and management interests with long-term performance goals, though it causes modest equity dilution. Strong total dividend payout signals confidence in cash generation, and clean audit results with no going-concern issues are positive for investor confidence.