Transport Corporation of India Ltd


BSE: 532349 | NSE: TCI | ISIN: INE688A01022 
Market Cap: [Rs.Cr.] 391 | Face Value: [Rs.] 2
Industry: Logistics

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Board Meet

15-May-13 
Transport Corporation of India Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on May 15, 2013, inter alia, to consider and approve the Audited Financial Results for the 4th Quarter/FY ended March 31, 2013 alongwith Draft Report of Auditors thereon and recommendation of Final Dividend for 2012-13, if any. Transport Corporation of India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 15, 2013, inter alia, has recommended Payment of Final Dividend @ 30% (Rupee 0.60 per share of face value of Rs. 2/- each) in addition to the Interim Dividend of 20% (Rupee 0.40 per share) aggregating to 50% (Rupee 1/- per share of face value of Rs. 2/- each) to the Shareholders whose names appear on the Register of Members on the Record Date/Book Closure Date to be decided in consultation with the Stock Exchanges. (As Per BSE Announcement Dated on 16.05.2013) Transport Corporation of India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 15, 2013, inter alia, has approved the following; 1. Grant of 4,45,000 Options to the eligible employees at a price of Rs. 30/- (Rupees Thirty only) per Option under the 'Employees Stock Option Scheme 2006 - Part VI as recommended by the Compensation/Remuneration Committee'. 2. Appointment of Ms. Archana Pandey as Compliance Officer of the Company. (As per BSE Announcement Dated on 15.05.2013) Transport Corporation of India Limited has informed the Exchange that the Board of Directors of the Company at its meetings held on May 15, 2013 has decided that the next Annual General Meeting of the Shareholders of the Company shall be convened on July 25,2013. (As Per NSE Bulletin Dated On 16.05.2013) 
29-Jan-13 
Quarterly Results Transport Corporation of India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on January 29, 2013, inter alia, to consider & approve the Un-audited Financial Results for the 3rd Quarter / Nine months ended December 31, 2012 & also consider payment of Interim Dividend, if any, for the FY2012-13. (As per BSE Announcement Dated on 16.01.2013) Transport Corporation of India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 29, 2013, inter alia, has approved the following : - Payment of Interim Dividend @ 20% (Re. 0.40 per share of face value of Rs. 2/- each). (As per BSE Announcement Dated on 29.01.2013) 
01-Nov-12 
Quarterly Results Transport Corporation of India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 01, 2012, inter alia, has approved the following: 1. Appointment of Mrs. Urmila Agarwal as additional director on the Board of the Company effective from November 01, 2012. 2. Appointment of Mr. Ashish Bharat Ram, Independent Non Executive Director, as member of the Remuneration Committee of the Company. (As per BSE Announcement Dated on 01.11.2012)  
26-Jul-12 
Quarterly Results Transport Corporation of India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 26, 2012, inter alia, has approved the following business: Mr. R V Raghavan, Director retired from the office of director & members of the Company have decided not to fill the vacancy caused by his retirement. (As Per BSE Announcement Website Date on26/07/2012)  
30-May-12 
Transport Corporation of India Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on May 30, 2012, interalia to consider and approve the Audited Financial Results for the 4th Quarter and F.Y. ended March 31, 2012 alongwith Draft Report of Auditors thereon and recommendation of Final Dividend for 2011-12, if any. Transport Corporation of India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2012, inter alia, transacted the following : 1.Payment of Final Dividend @ 30% (Rupee 0.60 per share of face value of Rs. 2/- each) in addition to the Interim Dividend of 20% (Rupee 0.40 per share) aggregating to 50% (Rupee One per share of face value of Rs. 2/- each) to the Shareholders whose names appear on the Register of Members on the Record Date to be decided in consultation with the tock Exchanges. 2. The Board of Directors has also decided that the next Annual General Meeting of the Shareholders of the Company shall be convened on July 26, 2012. 3. Grant of 3, 50,000 Options to the eligible employees at a price of Rs. 30/- (Rupees Thirty only) per Option under the 'Employees Stock Option Scheme 2006 - Part V as recommended by the Compensation/Remuneration Committee. (AsPer BSE ANnouncement Website Dated on 31/05/2012) Transport Corporation of India Ltd has informed BSE that the Shareholders of the Company at 17th Annual General Meeting (AGM) of the Company held on July 26, 2012, have approved the payment of final dividend @30% (Re. 0.60 per share) as recommended by the Board of Directors in their meeting held May 30, 2012. (AsPer BSE ANnouncement Website Dated on 26/07/2012) 

AGM

25-Jul-13
Transport Corporation of India Limited has informed the Exchange that the Board of Directors of the Company at its meetings held on May 15, 2013 has decided that the next Annual General Meeting of the Shareholders of the Company shall be convened on July 25,2013. 
26-Jul-12
Transport Corporation of India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2012, inter alia, transacted the following : The Board of Directors has also decided that the next Annual General Meeting of the Shareholders of the Company shall be convened on July 26, 2012. Transport Corporation of India Ltd has informed BSE that the Shareholders of the Company at 17th Annual General Meeting (AGM) of the Company held on July 26, 2012, have approved the payment of final dividend @30% (Re. 0.60 per share) as recommended by the Board of Directors in their meeting held May 30, 2012. (AsPer BSE Announcement Website Dated on 26/07/2012) Transport Corporation of India Ltd has submitted to BSE a copy of Minutes of 17th Annual General Meeting (AGM) of the Company held on July 26, 2012. (As Per Bse Announcement dated on 01.08.2012) 
28-Jul-11
AGM 28/07/2011 Transport Corporation of India Ltd has informed BSE that the members at the 16th Annual General Meeting (AGM) of the Company held on July 28, 2011, inter alia, have approved the payment of Final Dividend @ 25% (Rupee 0.50 per share) as recommended by the Board of Directors in their meeting held on June 01, 2011. (As per BSE Annoncement Website Dated on 28/07/2011) Transport Corporation of India Ltd has informed BSE that the members at the 16th Annual General Meeting (AGM) of the Company held on July 28, 2011 at Surana Udyog Hall, The Federation of Andhra Pradesh Chambers of Commerce and Industry, 11-6-841, Red Hills, Hyderabad - 500004 (A.P.), inter alia, have also accorded to the following: 1. Adoption of the Audited Profit & Loss Account and the Balance Sheet together with the Reports of the Directors & Auditors thereon for the year ended March 31, 2011. 2. The Company do pay Final Dividend @ 25% (Re.0.50 per share of Rs.2/- each) besides Interim Dividend @ 20% (Re.0.40 per share of Rs.2/- each) already paid for the F.Y. 2010-11. 3. Re-appointment of Mr. K S Mehta, Mr. O Swamintha Reddy & Mr. M P Sarawagi as Directors of the Company, liable to retire by rotation. 4. Appointment of M/s. R S Agarwala & Co., Chartered Accountants, Kolkata as Auditors of the Company for the year 2011-12 and to hold office from the conclusion of this meeting to the conclusion of the next Annual General Meeting, on remuneration, terms & conditions. 5. Appointment of M/s. K B Chitracar & Co., Chartered Accountants, Kathmandu, as Branch Auditors for auditing the accounts of all the branches of the Company situated in Royal Kingdom of Nepal for the year 2011-12 and to hold office till the conclusion of the next Annual General Meeting at a remuneration, terms & conditions. 6. Appointment of M/s. R S Agarwala & Co., Chartered Accountants, Bangalore, as Branch Auditors for auditing the accounts of TCI Seaways Division of the Company for the year 2011-12 and to hold office till the conclusion of the next Annual General Meeting at a remuneration, terms & conditions. 7. Re-appointment of Mr. Chander Agarwal as Executive Director for a further term of five years effective from September 02, 2011, on remuneration, terms & conditions. 8. pursuant to the provisions of Sections 198, 309(4), 310 and other applicable provisions, if any, of the Companies Act 1956, the non-executive directors of the Company be remunerated by way of commission, the aggregate amount whereof shall not exceed 0.50 per cent per annum of the net profit of the Company computed in the manner laid down in Section 349 & 350 of the Companies Act, 1956 for a period of five years commehcing from financial year 2011-12. (As Per BSE Announcement Website dated on 09.08.2011) 
21-Jul-10
The Board of Directors has also decided that the next Annual General Meeting of the Shareholders of the Company shall be convened on July 21, 2010. Transport Corporation of India Ltd has informed BSE that the Shareholders at the Annual General Meeting (AGM) of the Company held on July 21, 2010, have approved the payment of Final Dividend @ 20% (Rupee 0.40 per share) over & above the Interim Dividend @ 20% (Rupee 0.40 per share) already paid. (As Per BSE Announcement Website dated on 21.07.2010) Transport Corporation of India Ltd has informed BSE that the members at the 15th Annual General Meeting (AGM) of the Company held on July 21, 2010, inter alia, have accorded to the following: 1. Adoption of the Audited Profit & Loss Account and the Balance Sheet together with the Reports of the Directors & Auditors thereon for the year ended March 31, 2010 2. To pay Final Dividend @ 20% (Re. 0.40 per share of Rs. 2/- each) besides Interim Dividend @ 20% (Re. 0.40 per share of Rs. 2/- each) already paid for the F.Y. 2009-10 to the Shareholders whose names appear on the Register of Members at the close of working hours of the Company on July 21, 2010. 3. Re-appointment of Mr. S.M. Dattam Mr. S. N. Agarwal & Mr. R. V. Raghvan as Directors of the Company, liable to retire by rotation. 4. Appointed M/s. R.S. Agarwala & Co., Chartered Accountants, Kolkata as Auditors of the Company for the year 2010-11 and to hold office from the conclusion of this meeting to the conclusion of the next Annual General Meeting at a remuneration and reimbursement of expenses plus service tax to be agreed upon mutually between the Auditors and the Board of Directors of the Company. 5. Appointment of Branch Auditors: - Appointed M/s. K. B. Chitracar & Co., Chartered Accountants, Kathmandu, as Branch Auditors for auditing the accounts of all the branches of the Company situated in Royal Kingdom of Nepal for the year 2010-11 and to hold office till the conclusion of the next Annual General Meeting at a remuneration to be fixed by the Board of Directors of the Company. 6. Appointment of Branch Auditors for TCI Seaways Division of the Company: - Appointed M/s. R.S. Agarwala & Co., Chartered Accountants, Bangalore, as Branch Auditors for auditing the accounts of TCI Seaways Division of the Company for the year 2010-11 and to hold office till the conclusion of the next Annual General Meeting at a remuneration to be fixed by the Board of Directors of the Company. (As Per BSE Announcement Website daed on 03.08.2010) 
22-Jul-09
The Board of Directors has also decided that the next Annual General Meeting of the Shareholders of the Company shall be convened on July 22, 2009. Transport Corporation Of India Limited has submitted to the Exchange a copy of the minutes of the Annual General Meeting held on July 22, 2009. (As per NSE Bulletin Dated on 05.08.2009)_ Transport Corporation of India Ltd has informed BSE that the members at the 14th Annual General Meeting (AGM) of the Company held on July 22, 2009, inter alia, have accorded to the following: 1. Adoption of the Audited Profit & Loss Account and the Balance Sheet together with the Report of the Directors & Auditors thereon for the year ended March 31, 2009. 2. Declaration of Dividend @ 30% (Re 0.60 per share of Rs 2/- each) for the F.Y. 2008-09. 3. Re-appointment of Mr. K S Mehta, Mr. O Swaminatha Reddy & Mr. M P Sarawagi, as Directors of the Company, liable to retire by rotation. 4. Appointment of M/s. R S Agarwala & Co., Chartered Accountants, Kolkata as Auditors of the Company from the conclusion of this meeting to the conclusion of the next Annual General Meeting of the Company on remuneration, terms & conditions. 5. Appointment of M/s. K B Chitracar & Co., Chartered Accountants, Kathmandu, as Branch Auditors for auditing the accounts of all the branches of the Company situated in Royal Kingdom of Nepal for the year 2009-10 and to hold office till the conclusion of the Next Annual General Meeting of the Company on remuneration, terms & conditions. 6. Appointment of M/s. R S Agarwala & Co., Chartered Accountants, Bangalore, as Branch Auditors for auditing the accounts of TCI Seaways Division of the Company for the year 2009-10 and to hold office till conclusion of the Next Annual General Meeting of the Company on remuneration, terms & conditions. 7. Appointment of Mr. K Prabhakar, as a Director of the Company, liable to retire by rotation. 8. Confirmation of appointment of & payment of remuneration to Mr K Prabhakar, as Whole Time Director of the Company. (As Per BSE Announcement Dated on 03/08/2009) 

EGM

10-Jul-10
Transport Corporation of India Ltd has informed BSE that by an order made on June 02, 2010 the Hon'ble High Court of Andhra Pradesh at Hyderabad has directed that separate meetings of the Equity shareholders, Secured Creditors & Unsecured Creditors of the transferor Company (Transport Corporation of India Ltd) be held on July 10, 2010 for the purpose of considering and, if thought fit, approving, with or without modification(s) the proposed scheme of arrangement between M/s. Transport Corporation of India Ltd. and M/s. TCI Developers Limited and their Respective Shareholders and Creditors. Transport Corporation of India Ltd has informed BSE that the Equity Shareholders / Secured & Unsecured Creditors of the Company at its Court Convened Meeting held on July 10, 2010, has approved and sanctioned the proposed scheme of arrangement for Demerger of 'Real Estate & Warehousing' division of the Company, with requisite majority. The remaining process relating to the Demerger Scheme is going on and final approval of the Hon'ble HC is awaited. (As Per BSE Announcement Website dated on 30.07.2010) 
06-Sep-07
Transport Corporation of India Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on September 06, 2007, inter alia, to approve the issue of Equity Shares on Preferential basis. Transport Corporation Of India Limited has informed the Exchange on August 10, 2007 that "The Board of Directors in its meeting held on today have decided to issue 50,00,000 (Fifty lakhs only) equity shares of the face value of Rs.2/- (Rupees Two) each at a price of Rs.105.25 (Rupees One hundred Five and Paise Twenty Five only) per share in cash aggregating to Rs.52,62,50,000/- (Rupees Fifty Two crores Sixty Two lakhs Fifty thousand only) to FID Funds (Mauritius) Limited, in accordance with the prevailing Guidelines i.e. SEBI (Disclosure and Investor Protection) Guidelines, 2000. The above issuance shall be subject to the Shareholders' Resolution and therefore an Extra-Ordinary General Meeting has been convened to take place on Thursday, the 6th September 2007 seeking Shareholders' approval by way of a Special Resolution in the above regard". (As per NSE Bulletin Dated on 10/08/2007) Transport Corporation of India Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on September 06, 2007, inter alia, to create, offer, issue and allot 50,00,000 Equity Shares at a price of Rs 105.25 per share of face value of Rs 2/- each in the Company in cash aggregating to Rs 52,62,50,000/- in accordance with the Guidelines for preferential issue issued by SEBI under Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000, with August 07, 2007 being the relevant date i.e. the date 30 days prior to the date of Extra Ordinary General Meeting of the Company, where the proposed issue is to be considered on preferential basis, as per details given below: Identity of the Proposed Allottees FID Funds (Mauritius) Ltd Present Holding of Equity Shares Proposed Post Allotment Issue Holding of Equity Shares 50,00,000 50,00,000 Preferential % OF Post of issued Capital 6.90 (As Per BSE Announcement Website Dated on 13/08/2007) 
07-Jun-06
Transport Corporation of India Ltd has informed BSE that pursuant to the Order of Hon'ble High Court of Judicature Andhra Pradesh at Hyderabad, a meeting of the equity shareholders, Secured creditors & Unsecured Creditors of the Company will be held on June 07, 2006, for the purpose of considering, and, if thought fit, approving with or without modification, the proposed Scheme of Arrangement / Amalgamation of M/s TCI Seaways Ltd with the Company. 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
GAIL (India) 37,680.20 9.37 1.56 8.32 17.9 22.1 0.19
Adani Ports 31,174.95 17.78 4.05 17.95 24.7 15.1 0.93
Container Corpn. 14,218.51 15.13 2.26 7.09 16.6 22.1 0.00
Petronet LNG 9,708.75 8.45 2.18 5.89 28.8 25.7 0.79
Bajaj Holdings 8,808.05 13.28 1.70 13.45 12.0 13.6 0.00
CRISIL 8,045.46 43.57 17.70 25.73 47.1 63.7 0.00
Pipavav Defence 4,960.55 174.25 2.33 18.91 1.0 7.3 1.35
Just Dial 4,526.53 95.41 12.23 0.00 50.1 69.1 0.00
Multi Comm. Exc. 4,360.50 14.60 3.77 14.57 31.1 41.7 0.00
Indraprastha Gas 3,940.30 11.12 2.64 8.82 27.5 30.9 0.30
SPARC 3,429.78 0.00 31.64 0.00 0.0 0.0 0.00
Info Edg.(India) 3,366.02 27.70 9.21 20.53 23.6 33.8 0.00
Guj.St.Petronet 3,055.57 5.68 1.04 4.79 23.3 24.4 0.64
Guj Gas Company 2,706.08 9.65 2.87 10.70 34.4 37.6 0.29
Kaveri Seed Co. 2,196.01 17.08 6.34 10.88 27.0 26.5 0.12

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Key Information

Key Executives:

S M Datta , Chairman 

D P Agarwal , Vice Chairman & M.D. 

O Swaminatha Reddy , Director 

S N Agarwal , Director 


Company Head Office / Quarters:
Flat No 306 & 307 1-8-271-273,
Ashoka Bhoopal Chambers S P Rd,
Secunderabad,
Andhra Pradesh-500003
Phone : 91-40-27840104
Fax : 91-40-27840163
E-mail : secretarial@tcil.com
Web : http://www.tcil.com
Registrars:
Abhipra Capital Ltd
GF Abhipra Complex
A-387 G T Karnel Rd
Azadpur
Delhi - 110033

Fund Holding

 
Scheme Name No. of Shares
Religare Invesco Contra Fund (G) 34,691

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