Transport Corporation of India Limited has informed the Exchange regarding continuation of Appointment of Mr S N Agarwal as Non- Executive Director of the company beyond the age of 75 years subject to approval of shareholders. The approval is valid till next reappointment.
TCI · price
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Awaiting price reaction for this filing.
TCI's Board approved audited FY25 results showing strong growth: consolidated revenue rose ~11.6% to ₹44,918 Mn and consolidated PAT grew ~17.4% to ₹4,161 Mn (EPS ₹53.43), while standalone PAT jumped ~24% to ₹3,959 Mn. Prior period figures were restated to include the amalgamation of TCI Ventures and Stratsol Logistics (effective August 2024). The Board granted 122,000 ESOP options at ₹550 each, approved issuing non-convertible debentures up to ₹200 Crores (subject to shareholder nod), and completed a ₹1,600 Mn share buyback at ₹1,400/share during the year. Auditors Brahmayya & Co issued an unmodified opinion. Other items include reappointment of Mr. Vikrampati Singhania as Independent Director, continuation of Mr. S N Agarwal (over 75 years) as Non-Executive Director pending shareholder approval, and the resignation of Company Secretary Ms. Archana Pandey with Group CFO Ashish Tiwari temporarily handling compliance duties.
Strong FY25 earnings and growth across freight, supply chain, and seaways divisions reinforce TCI's operational momentum, likely to be viewed positively by shareholders. The ₹200 Cr NCD plan and leadership transition in the company secretary role are items to watch, but the restated financials and unimodified audit opinion support credibility.