TCI Express Limited Declares Interim Dividend for the Fiscal Year 2022
October 22, 2021 at 05:02 am EDT
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TCI Express Limited at the board meeting held on October 22, 2021, declared Interim dividend for the fiscal year 2022 @ 150% (INR 3) per Equity Share of Face value of INR 2 each to the Shareholders whose names will appear on the Register of Members on the record date, that is the October 30, 2021, which has been decided in due consultation with the Stock Exchanges. The payment of dividend/dispatch of warrants will be completed within/before 30 days of declaration of Interim Dividend.
TCI Express Limited is an India-based company, which is engaged in the carrying express cargo distribution through road, rail, air, and water mode. The Company specializes in offering time definite solutions. Its services include surface express, domestic air express, international air express, e-commerce express, C2C express, rail express, and cold chain express. Its value-added services include safety and security of vehicles through tamper proof locking systems, holiday and late pickup services on demand, key account management, and others. The Company provides end-to-end logistics to the pharmaceuticals industry and order management service to customers. Its e-commerce express provides business-to-business (B2B) on multi model distribution for optimum on time delivery with value added features of cash on delivery. It offers express solutions with over 40000 locations with fully containerized fleet of vehicles. The Company's subsidiary is TCI Express Pte. Ltd.