TCTransport Corporation of India532349Board meeting scheduled

Board meeting on October 27 to consider non-convertible debentures on private placement basis

Board meeting scheduled for Tuesday, October 27, 2026.

By ScoutQuest · Thu 22 Oct 2026, 11:50 AM IST · 1 min read

Board meeting date

Tuesday, October 27, 2026

Agenda

issuance of non-convertible debentures on a private placement basis

Prior intimation date

October 13, 2026

What was announced

The company has informed BSE and NSE that a meeting of its Board of Directors is scheduled for Tuesday, October 27, 2026. Among the items on the agenda, the Board will consider and approve a proposal for issuance of non-convertible debentures on a private placement basis, along with matters incidental and related thereto.

The notice is in continuation of the company's earlier intimation dated October 13, 2026.

What is on the agenda

• A proposal to issue non-convertible debentures.
• The issue would be on a private placement basis.
• The Board will consider and approve the proposal and related matters.

What a non-convertible debenture is, in simple terms

A debenture is a form of borrowing. When a company issues debentures, it takes money from investors and pays interest on it, and repays the principal at the end of an agreed period.

A non-convertible debenture is one that cannot be converted into equity shares. So the money raised through this route is debt on the company's books, and it does not add to the number of shares.

Why the route matters

In a private placement, the debentures are offered to a selected set of investors rather than to the general public. This is a common way for listed companies to raise debt.

What to look for next

• The outcome of the Board meeting, which would set out the terms of the proposal.
• The amount proposed to be raised.
• The tenure of the debentures and the interest rate offered.
• The purpose for which the funds are proposed to be used.

This intimation only sets out the agenda for the meeting. The actual terms would follow once the Board considers and approves the proposal.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

About ScoutQuest · Logos provided by Logo.dev