TCI Express Ltd Declares Interim Dividend Payable on or Before March 01, 2017; Announces Director Changes
January 31, 2017 at 09:39 am
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TCI Express Ltd. announced that the Board of Directors of the company at its meeting held on January 31, 2017 declared payment of interim dividend of 40% (INR 0.80 per share of face value of INR 2 each) to the shareholders whose name appear on the register of member on the record date. The payment of dividend/dispatch of warrants will be completed within 30 days of declaration of interim dividend, that is on or before March 01, 2017.
The company at its meeting held on January 31, 2017 also took note of the resignation of Ms. Manisha Agarwal from the post of Director with effect from January 31, 2017 and approved the appointment of Ms. Taruna Singhi as Additional Director in category of Non-Executive Independent Director of the company with effect from January 31, 2017.
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.
TCI EXPRESS LIMITED 
