Transport Corporation of India Ltd
NSE: TCI BSE: 532349
₹1025.90
(-2.07%)
Fri, 27 Feb 2026, 10:56 pm
Market Cap80.46B
PE Ratio17.62
Dividend0.95
Transportation
Trucking
24.5KCompany History
1965
- Incorporated as private limited company in Assam on April 6.
- Took over Transport Corporation of India business as going concern in April.
- Main objects: road transport of goods, petroleum products dealing, textiles and yarn manufacturing.
1967
- Took over diesel pump business and immovable assets in February.
1970
- 200 shares subscribed by Memorandum signatories; 14,800 shares issued without cash payment.
1971
- Issued 5,000 shares to directors.
1972
- Issued 10,500 shares to directors.
1973
- Rolling mill unit acquired from Bangalore Rolling & Structurals went into production in October.
- Reclassified and increased authorised capital; subdivided shares.
1975
- Acquired textile mill in Mumbai; commenced operations as Mukesh Textile Mills effective June 1.
1976
- Offered 480,000 shares to public at premium of Rs. 10 per share in May 1975.
1977
- Issued 800,000 bonus shares in proportion 1:1.
1981
- Mukesh Textile unit results affected by input cost increases.
- Increased authorised capital; issued 1,600,000 bonus equity shares in proportion 1:1.
1984
- Wire Rod mill operations affected by power cuts and billet shortage.
- No manufacturing at Mukesh Textile Mills due to strike and fire; closure application pending.
- Revalued assets of Mukesh Textile Mills, transport division, Bhoruka Textiles, and wire rod mill; credited surpluses to capital reserves.
- Listed subsidiaries: Bhoruka Textiles Ltd., Chanderpal Investments Ltd., TCI Investments Ltd.
- Issued 188,720 shares to financial institutions on loan conversion.
1985
- Privately placed 150,000 15% secured redeemable non-convertible debentures with UTI.
1986
- Shipping division acquired M.V. Bhoruka Prabhu in August.
- No production at Mukesh Textile Mills due to strike; closure application rejected.
- Transport division commenced shipping and liquid transportation activities; shipping operations started October 21.
- Collapsible containers division commenced manufacturing.
- Issued 16,94,860 bonus equity shares in proportion 1:2 in February.
- Offered 1,000,000 equity shares and 400,000 debentures for public subscription.
1988
- Transport division turnover grew 10%.
1989
- Turnover improved 17%; Wheels Rent-A-Car operated from six cities.
- Shipping division proposed coastal voyages and acquisition of new vessels.
- Rent-A-Car operations commenced in March in some cities.
1990
- Wheels Rent-A-Car expanded to four more cities and introduced self-drive service.
- Shipping division faced setback due to lower tonnage and ship breakdown.
- Transferred wire rod mill to Bhoruka Steel Ltd. effective April 1.
- Set up forex buying and selling division; approached RBI for branch licenses.
1992
- Shipping division turnover increased 4% in 1992-93 and 23% in 1993-94; added M.V. Bhoruka Vikram to fleet.
- Issued 2,542,290 bonus shares in proportion 1:1.5.
- Wheels Rent-A-Car introduced long-term renting scheme in Bombay and Delhi.
- Formed TRANS CORP INTERNATIONAL BUREAU D'EXCHANGE division for forex business.
1993
- Transport division turnover improved 19% despite nationwide strike.
- Desk-to-desk cargo division proposed 25 new branches.
- Allotted 2,542,290 bonus equity shares in proportion 1:2.
1994
- Issued 635,575 fully convertible debentures on rights basis.
- Issued 1,059,425 partly convertible debentures.
1995
- Received ISO-9002 Certification.
- Allotted 284,800 PCDs of Rs. 120 each to employees.
- Redeemed 300,000 of 400,000 debentures issued in 1985-86.
- Launched TCI Seaways Ltd. for sea cargo to Andaman and Nicobar Islands.
1997
- Launched XPS Cargo Services division for time-sensitive high-value cargo.
1999
- Formed joint venture with Mitsui & Co. Ltd. for automotive logistics.
- Entered two-year contract with Satyam Infoway for 64 KBPS lease line.
2000
- Launched vertical portal on logistics.
- Proposed delisting shares from Bangalore, Calcutta, Cochin, and Madras stock exchanges.
- XPS launched Anmol Rakhi service.
- Launched logisticsfoccus.com.
- ICRA reaffirmed LA and MA+ ratings for partly convertible debentures and fixed deposits.
2001
- Received ISO 9002 certificate.
2004
- XPS tied up with Emirates Post of UAE to launch Bharat Parcel Guaranteed inbound parcel service.
2005
- XPS Global signed agreement with Chinese logistics firm.
2006
- Split face value of shares from Rs. 10 to Rs. 2.
2007
- Appointed Mr. R V Raghavan as Additional Director.
2008
- Celebrated 50 years.
- Expanded global footprint from 3 to 8 countries.
- Received Best 3PL Award.
2009
- Expanded global footprint to 12 countries.
- Received Best 3PL Express, Logistics & Supply Chain Award for third consecutive year.
2010
- Formed joint venture Infinite Logistics Solutions Pvt. Ltd. with CONCOR for multimodal logistics.
2012
- TCI received Road Transporter of the Year award.
- TCI Supply Chain Solutions received Warehouse Service Provider of the Year award.
2013
- TCI Apex Pal Hospitality formed JV with Sakae Sushi.
- Won Mahindra Transport Excellence Award.
- TCIF organized Truckers Utsav for World AIDS Day.
- Recommended final dividend of 30% (Rs. 0.60 per share of Rs. 2 face value).
2014
- TCI XPS continued 15th year Anmol Rakhi Service across 13,000 locations in India and worldwide.
2015
- TCI Supply Chain Solutions received Frost & Sullivan Award for India Domestic Logistics Services Company.
2016
- Received Overall Excellence in Logistics & Supply Chain Award.
- Received Domestic Logistics Service Provider of the Year Award.
- Received Manufacturing Supply Chain Service Provider of the Year (Overall) Award.
- TCI Foundation received CSR Leadership Award for Concern for Health.
2017
- Awarded Supply Chain Company of the Year.
- Recognized as leading integrated supply chain and logistics provider; government granted infrastructure status to logistics industry.
2018
- India Glycols and TCI jointly organized 5th Road Safety Event and health camp.
- TCI and Insurance Institute of India released joint report on insurance requirements for logistics and warehousing sector.
2019
- Launched TCI Safe Safar initiative for health and safety awareness.
- Received Best-in-Class Employer of the Year award.
- TCI Seaways launched new ship TCI Anand on Western Coast.
2020
- Launched second TCI Safe Safar truck in Bengaluru.
- Received International Safety Award - James Tye Award.
- Received Manufacturing Supply Chain Service Provider of the Year award.
2021
- Partnered with hospital chains to deliver Liquid Medical Oxygen.
- TCI Foundation with USAID conducted India's largest COVID-19 Vaccination Drive covering over 10 lakh people.
- Received Operational Excellence in 3PL Warehousing award.
- Received Manufacturing Supply Chain Service Provider of the Year award.
2022
- TCI Group won National Logistics Excellence Awards for Cold Chain/Refrigerated Service Provider and Warehouse Service Provider.
- Launched Safe Safar 3.0.
- Started BRSR Reporting voluntarily.
2023
- Received Maritime Excellence Achiever award at GMIS 2023 from Ministry of Ports, Shipping & Waterways.
- Launched TCI-IIMB Supply Chain Sustainability Lab.
2024
- Received Award of Excellence in Initiatives/Interventions at 6th FICCI Road Safety Award.
- Received Excellence in Integrated Logistics at ETES 2024.
- Received Best Warehouse Service Provider award from ISCM at 6th India Logistics Strategy Summit.
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