TCI approves INR 150 crore buyback at INR 960, record date Oct 9

Corporate Actions View source PDF Explain this filing

TCI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.3%Reaction day

₹868.00

prior close

₹855.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%-1.4% vs market

Logistics Solution Provider peers, median of 44sector-0.8%+0.5% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250 and 0.5 pts more than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.6

15m

+0.8

30m

+2.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3+1.0-1.4-0.8+0.5

Next day

+0.8+0.8+0.0-0.3+1.1

+1.2-0.5+1.8-0.5+1.8

+1.4-0.5+2.0-1.0+2.4

+2.0+0.8+1.3-0.3+2.4

+2.1+0.5+1.5-0.1+2.2

-1.7-2.0+0.3-2.3+0.6

15d

+2.9-6.4+9.2-5.4+8.2

+0.5-5.9+6.4-5.6+6.1

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UpDownMarket · Nifty Microcap 250Sector · Logistics Solution Provider peers, median of 44Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

TCI board approved a buyback of up to 15,62,500 shares (2.03% of paid-up capital) at INR 960 per share, for an aggregate of up to INR 150 crore. Promoters will not participate. Record date for eligibility is Oct 9, 2026. Buyback via tender offer. Board also approved a wholly owned subsidiary in China with up to USD 2 million investment for logistics expansion.

Likely market impact

Buyback price INR 960 acts as near-term support; 2.03% capital reduction. China WOS adds long-term growth potential but execution risk.