Transport Corporation of India approves ₹150 crore buyback
In short
Transport Corporation of India’s board approved a ₹150 crore share buyback at a meeting held on 29 September 2026. The summaries say it plans to buy 15.62 lakh equity shares at a premium price.
One summary also says the company wants a new subsidiary in China, but that is not confirmed here in an official filing. The final timing and market impact are still unknown.
What the reporting says
Transport Corporation of India’s board sanctioned a ₹150 crore share buyback at a premium price at a board meeting held on 29 September 2026. The publisher summaries say the company plans to buy 15.62 lakh equity shares, and one summary says it also aims to set up a new subsidiary in China. The reporting does not confirm the China plan in an official filing here or give a completion timeline.
Why it matters
Transport Corporation of India’s board sanctioned a ₹150 crore buyback at a board meeting on 29 September 2026, with plans to purchase 15.62 lakh equity shares. One publisher summary also mentions a new subsidiary in China, but the available reporting does not verify that detail through a primary filing. The news matters for shareholders and logistics expansion plans, though the execution timeline is unclear.