TCI board approves Rs 150 cr buyback at Rs 960 per share; China arm planned

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

₹865.00

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

-0.2

10m

+0.4

15m

+1.2

30m

+0.1

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

Board approved buyback of up to 15,62,500 shares (2.03 percent of paid-up capital) at Rs 960 per share, totalling up to Rs 150 crore. Promoters will not participate. Record date is October 9, 2026. Board also approved a wholly owned subsidiary in China with up to USD 2 million commitment to develop an India-China logistics corridor.

Likely market impact

Buyback signals management confidence and may support share price near Rs 960. China arm aids long-term growth in international logistics.