Transport Corporation Of India Allots 16,810 ESOP Shares; Paid-Up Capital Rises To Rs 15.34 Crore

On February 27, 2026, the Share Transfer Committee of Transport Corporation of India Limited allotted 16,810 equity shares under ESOP-2017 (5th, 6th and 7th tranches), following the exercise of vested employee stock options, as disclosed in a Regulation 30 filing with the exchanges.

Allotment Under ESOP-2017 Tranches

According to the company’s intimation addressed to both BSE (Scrip Code: 532349) and NSE (Symbol: TCI), the allotment was approved at the committee meeting held on Friday, 27, February 2026. The shares were issued as fully paid-up equity shares with a face value of Rs. 2 each.

The allotment aggregates to 16,810 shares across the 5th, 6th and 7th tranches of ESOP-2017. These shares rank pari passu with the existing equity shares in all respects, including dividend entitlement and voting rights, as per the filing signed by Sunil Kumar, Compliance Officer.

Consequent to the issue, the company’s total number of paid-up equity shares increased from 7,67,26,987 to 7,67,43,797 shares. The paid-up equity share capital correspondingly rose from Rs. 15,34,53,974 to Rs. 15,34,87,594.

Under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, such allotments are categorised as material corporate actions requiring prompt disclosure to stock exchanges. ESOP allotments typically result in incremental equity dilution, though the magnitude in this instance represents a marginal expansion of the capital base.

Stock Market Snapshot

Shares of Transport Corporation of India Limited were trading at Rs. 1,024.50 on the NSE as of 11:35 am IST on 27 February 2026, down Rs. 20.50 or 1.96 per cent from the previous close of Rs. 1,045.00.

The stock opened at Rs. 1,039.80 and touched a high of Rs. 1,041.50 and a low of Rs. 1,021.30 so far in the session. The company’s market capitalisation stood at approximately Rs. 7.86K crore, based on exchange data.

The price movement appeared in line with broader market trends; no separate price-sensitive clarification was issued alongside the ESOP disclosure.

Company Background

Transport Corporation of India Limited is an integrated supply chain and logistics services provider, operating across freight transportation, warehousing, coastal shipping and supply chain management segments.

The company’s equity shares are listed on both the BSE and the NSE under the symbol TCI. Its ESOP-2017 scheme enables eligible employees to acquire equity shares upon vesting and exercise, subject to the terms approved by shareholders and governed by applicable SEBI regulations.

As per exchange data, the stock has a 52-week high of Rs. 1,289.00 and a 52-week low of Rs. 876.00.

Conclusion

The latest allotment under ESOP-2017 marginally expands Transport Corporation of India’s equity base, lifting paid-up capital to Rs. 15.34 crore. While dilutive in structure, the issuance size remains modest relative to the company’s total outstanding shares. Market reaction, as of late morning trade, reflected routine volatility rather than a direct response to the corporate action.

Source: https://nsearchives.nseindia.com/corporate/ak_bansal_tcil_com_27022026103202_TCIL.pdf