Transport Corporation of India is India's leading integrated supply chain and logistics solutions provider and a pioneer in the sphere of cargo transportation in India. Leveraging on its extensive infrastructure, strong foundation and skilled manpower, TCI offers seamless multimodal transportation solutions. An ISO 9001:2008 certified Company, TCI is listed with premier stock exchanges like NSE and BSE. The company progressed from being a "One Man, One Truck, One Office" set up to becoming India's leading Logistics & Supply Chain Solutions provider with a Global presence.
TCI Group has an extensive network of over 1000+ company owned offices, a huge fleet of customized vehicles and managed warehouse space of 10.5 million sq. ft. and a strong work force of 5000+. With its customer-centric approach, world class resources, State-of-Art technology and professional management, the group follows strong corporate governance principles and is committed to value creation for its stake holders and its social responsibilities.
The Company was incorporated on 2nd January, 1995 as TCI Industries limited as a public limited company under the Indian Companies Act, 1956. It changed its name to Transport Corporation of India Limited in October 1999.The Company has taken over all the specified and allocated assets, both movable and immovable from Transport Corporation of India Limited (TCI) as per the order dated 13th July, 1998 of Hon’ble High Court of Andhra Pradesh, Hyderabad. All the assets & liabilities held by the “Transport Division” of TCI have also been vested with the Company with effect from 1st April, 1996 i.e. the Appointed Date in pursuance of the said Scheme of Arrangement.
|Particulars||Standalone||Consolidated (Rs in lakhs)|
TCI and its subsidiaries had 5,000+ employees as of 31st March, 2016.
The credit rating of the company is A1+ (ICRA) and AA-/ & A1+ (CRISIL).
The Company has pan-India presence with 1,000+ branches.
The Company has international operating offices in Indonesia, Nigeria.
The registered office of TCI is situated at Flat Nos. 306 & 307, 1-8-201 to 203, 3rd Floor, Ashoka Bhoopal Chambers, S .P. Road, Secunderabad-500 003.
TCI’ financial year ends on March 31, every year.
TCI’ equity shares are listed on BSE and NSE. The stock codes are as below
TCI’s quarterly and annual financial results can be accessed at the website of the Company under the Head “Investor Relations” and further Sub Heading “Financial Results”.
The Corporate Identification No. of Transport Corporation of India is L70109TG1995PLC019116.
The Company does not offer a dividend reinvestment program or dividend stock program, at present.
TCI has consistent track record of regular dividend payment. The Board of Directors reviews the dividend policy periodically.
|Quarter ending||Board Meeting date(2015-16)||Board Meeting date (2016-17) (Tentative & Subject to change)|
|Jun 30||01 Aug 2015||18 Aug 2016|
|Sep 30||29 Oct 2015||on or before 14th Nov 2016|
|Dec 31||1 Feb 2016||on or before 14th Feb 2017|
|Mar 31||30 May 2016||on or before 30th May 2017|
TCI normally pays dividend twice a year. An interim dividend is generally declared by the board from October to January along with the adoption of second quarter results or third quarter results.
Additionally, a final dividend is recommended by the Board in April/May along with the adoption of annual results. The final dividend is subject to the approval of shareholders at the AGM (Annual General Meeting).
AGM for fiscal 2014-15 was held on August 1, 2015 in Hyderabad.
This is a process whereby the shares held in physical form are transferred in Electronic form.
Depository System offers following advantages:
• No chance of loss, theft or fraud of shares.
• Platform for internet based trading.
• One demat account can hold shares for more than one Company.
Re-materialization is the process of converting shares in electronic form into physical form. After rematerialization the shareholder is given the share certificate covering the shares, hitherto held by him in electronic form.
Transmission of shares is the process of transfer of shares of the deceased shareholder(s) in the name(s) of the surviving family members without following the procedure for transfer of shares.