TCTransport Corporation of India532349Board meeting scheduled

Board to Consider Proposal for Buyback of Fully Paid-Up Equity Shares on September 29, 2026

The Board will meet on Tuesday, September 29, 2026 to consider and approve a proposal for buyback of fully paid-up equity shares.

By ScoutQuest · Thu 24 Sep 2026, 3:59 PM IST · 1 min read

Meeting Date

Tuesday, September 29, 2026

Purpose

Consider and approve a proposal for buyback of fully paid-up equity shares

Regulatory Framework

Companies Act, 2013 and SEBI (Buy-back of Securities) Regulations, 2018

Trading Window Closure

Closed till 48 hours after announcement of Q2 FY 2026-27 results (quarter ending September 30, 2026)

What was shared

The company has informed BSE and NSE, under Regulation 29(1)(b) of the SEBI Listing Regulations, that a meeting of its Board of Directors will be held on Tuesday, September 29, 2026, inter alia, to consider and approve a proposal for buyback of the fully paid-up equity shares of the company, and matters necessary and incidental to it.

Framework mentioned

• Companies Act, 2013, including the rules framed under it
• SEBI (Buy-back of Securities) Regulations, 2018
• Other applicable laws

What a buyback means

In a buyback, a company uses its own funds to purchase shares from existing shareholders. The number of shares outstanding reduces, and shareholders who tender shares receive cash. Buybacks can be carried out through routes permitted by the regulations, such as a tender offer or from the open market, and require specific approvals.

Stage of the process

This update is a prior intimation of the agenda only. Whether a buyback is approved, and if approved the amount, price, size and method, would be known from the outcome of the Board meeting. Nothing is committed at this point.

Trading window

Under the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's own code of conduct, the trading window for dealing in the company's securities is closed with immediate effect. It stays closed until 48 hours after the announcement of the Board meeting results for the second quarter of FY 2026-27, the quarter ending September 30, 2026. This restriction applies to designated persons, not to ordinary public shareholders.

What to watch

• The outcome of the September 29, 2026 Board meeting
• If approved, the buyback size, maximum price and route, and the record date and timeline for shareholders

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.

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