Transport Corporation to raise up to Rs 100 crore to fund capex programme

24 Jul 2014 Evaluate

Transport Corporation of India (TCI) has received an approval for raising the equity through any possible conductive routine including QIP / PE Funds etc. up to a sum not exceeding Rs 100 crore in one or more tranches in order to fund its forthcoming capex programme. The board of directors at its meeting held on July 23, 2014 has approved for the same.

TCI is the flagship company of TCI Group and provides full truck load and less than full truck load transportation to a network of over 3000 destinations in India.

Transport Corp. Share Price

1043.40 45.95 (4.61%)
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Company Name CMP
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Transport Corp. 1043.40
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