TCI Express Limited Approves Interim Dividend for the Financial Year 2023-2024
October 17, 2023 at 06:00 am EDT
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TCI Express Limited announced that the Board of Directors considered and declared Interim dividend for the financial year 2023-2024 at the rate of 150%, INR 3 per equity share of face value of INR 2 each. The dividend shall be paid within the statutory time limit to the equity shareholders of the Company, whose names would appear on the Register of Members of the Company as on the Record date fixed that is October 26, 2023.
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.