Promoter group entity sells 10,90,000 shares (2.84%); XPS Cargo Services buys same via block deal
TCI Trading (promoter group) sold 10,90,000 shares (2.84%) via open market block deal on Sep 29-30, 2026.
- Shares Sold by TCI Trading
- 10,90,000 shares (2.84%)
- TCI Trading Holding Before
- 22,09,497 shares (5.75%)
- TCI Trading Holding After
- 11,19,497 shares (2.91%)
- Shares Purchased by XPS Cargo Services
- 10,90,000 shares (2.84%)
- XPS Cargo Services Holding After
- 10,90,000 shares (2.84%)
What was shared
TCI Express informed the exchanges of two disclosures received under Regulation 29(2) of the SEBI Takeover Regulations — one from TCI Trading on a sale, and one from XPS Cargo Services Limited on a purchase, of the company's equity shares.
Seller: TCI Trading (promoter group)
- Holding before: 22,09,497 shares, or 5.75%
- Shares sold: 10,90,000, or 2.84%
- Holding after: 11,19,497 shares, or 2.91%
Buyer: XPS Cargo Services Limited
- Holding before: 0 shares (0.00%)
- Shares purchased: 10,90,000, or 2.84%
- Holding after: 10,90,000 shares, or 2.84%
- Classified as Promoter Group (Proposed); pursuant to an agreement executed on September 22, 2026, it has become part of the promoter group under the SEBI ICDR Regulations.
How and when
Both transactions were done in the open market as block deals, on September 29, 2026 and September 30, 2026.
Capital base
Equity share capital before and after remains Rs. 7,68,88,330, divided into 3,84,44,165 equity shares of Rs. 2.00 each. The diluted capital is the same.
How to read it
The quantity sold matches the quantity bought, and both entities are described as belonging to the promoter group, so this is a shift of shares within the promoter group rather than a change in the total number of shares outstanding. The disclosure does not state a transaction price.
Also from TCI Express
TCI Express Ltd: promoter reports multiple share transactions
1 Oct 2026
Inter-se promoter transfer of 1,23,000 shares (0.32%) disclosed under Regulation 29(2)
1 Oct 2026
TCI Express Ltd: promoter reports multiple share transactions
1 Oct 2026
More numbers
- TCI Trading holding before (shares)22,09,497
- TCI Trading holding before (%)5.75%
- Shares sold10,90,000
- Stake sold (%)2.84%
- TCI Trading holding after (shares)11,19,497
- TCI Trading holding after (%)2.91%
- XPS Cargo holding after (shares)10,90,000
- XPS Cargo holding after (%)2.84%
- Equity share capitalRs. 7,68,88, 330
- Total equity shares3,84,44,165 equity shares
- Face value per shareRs. 2.00 each
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