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TCI Express Ltd. ( (IN:TCIEXP) ) has provided an update.
TCI Express Ltd. has announced that it has published notices in Nav Telangana and Financial Express regarding the transfer of certain equity shares and associated unclaimed dividends to the Investor Education and Protection Fund (IEPF) Authority. The move concerns equity shares and dividends related to the company’s second interim dividend for the financial year 2018-19, which have remained unpaid or unclaimed for seven consecutive years and are currently held in the company’s Unclaimed Suspense Account. In line with Section 124 of the Companies Act, 2013 and related IEPF rules, TCI Express is also sending reminder letters to affected shareholders, signaling a procedural clean-up of legacy unclaimed amounts and reinforcing its compliance with Indian securities and corporate governance regulations.
More about TCI Express Ltd.
TCI Express Ltd. is an Indian logistics company focused on express cargo transportation, offering time-definite surface and air express services to a broad base of corporate and retail customers across the country.
Average Trading Volume: 1,073
Technical Sentiment Signal: Sell
Current Market Cap: 22.02B INR
For detailed information about TCIEXP stock, go to TipRanks’ Stock Analysis page.