Transport Corporation of India announces ₹150 crore buyback

What happened

Transport Corporation of India (TCI) filed a disclosure with the exchanges on 29 September 2026 at 02:04 PM titled "Outcome of the meeting of the Board of Directors ("Board") of Transport Corporation of India Limited ("Company").".

How big is it?

At ₹150 crore, the buyback is equal to about 2.3% of the company's market value of ₹6,654 crore.

Company snapshot

Transport Corporation of India is a small-cap company, with a market value of about ₹6,654 crore.

The stock last traded at ₹866.1, against a 52-week range of ₹797–₹1,242 (30.3% below the high).

Before this filing the shares had moved −2.6% over the month and −6.4% over three months. Average daily turnover over the last 20 sessions was about ₹28.05 crore.

Promoters held 68.66% at the end of Q1 FY27, down 0.07% points from the previous quarter. Foreign institutions owned 3.04% and domestic institutions 12.70%.

What history shows

BCEIE's records show 2 previous buyback filings from the company since May 2026.

Market-wide, 247 buyback filings with an impact score of 50 or more saw an average next-day move of +0.0%, with 53% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

• 29 September 2026: Board meeting — Buyback.

In the news

Recent coverage elsewhere (links open the original publisher):

• White Paper aims to facilitate safe and secure transport of radioactive materials — World Nuclear News, 25 Sept 2026
• 'Green Corridor' facilitates transport of donor heart from Rohtak to Delhi in 63 minutes — The New Indian Express, 18 Sept 2026
• Tinsukia bans transport of workers in trucks, pick-up vehicles; violators face legal action — India Today NE, 23 Sept 2026
• Ex-Colonel Court Martialled for Abetting Transport of 3,000 Kg Ganja, AFT Upholds Conviction — SSBCrack, 19 Sept 2026
• Tinsukia bans transport of workers in goods vehicles — The Times of India, 23 Sept 2026

Source

• Exchange filing (PDF)