TCI promoters opt out of buyback; up to Rs 150 crore buyback at Rs 960/share

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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

+1.1%Reaction day

₹865.00

prior close

₹874.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+1.4% vs market

Logistics Solution Provider peers, median of 46sector+0.4%+0.7% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 0.7 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

-0.6

10m

-0.5

15m

-0.8

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.1-0.3+1.4+0.4+0.7

Next day

+1.6-1.5+3.1-1.3+2.9

+1.8-1.5+3.3-1.3+3.1

+2.4-0.2+2.6-0.1+2.5

+2.4-0.5+2.9-0.3+2.8

+1.1-3.2+4.3-2.5+3.5

-2.4-2.2-0.2-0.6-1.7

15d

-1.6-9.5+7.9-7.2+5.6

+1.7pendingpending-6.7+8.4

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UpDownMarket · Nifty Microcap 250Sector · Logistics Solution Provider peers, median of 46Pending

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 lakh equity shares, about 2.03 percent of paid-up capital, at Rs 960 per share, totalling up to Rs 150 crore, via the tender offer route. Promoter Group, via letters dated September 29, 2026, has communicated their intention to not participate in the buyback. The buyback will follow the Companies Act 2013 and SEBI buyback regulations.

Likely market impact

Promoters opting out means public shareholders will mainly tender shares; could signal promoter confidence in higher long-term price.