TCI Express Limited Declares Second Interim Dividend for Fiscal Year 2019-20, Payable on or Before February 25, 2020
January 27, 2020 at 04:49 am
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TCI Express Limited declared payment of second Interim Dividend @75% (that is INR 1.50 per share of face value of INR 2/- each) to the Shareholders whose name appear on the Register of Member on the record date that is
February 04,2020, which has been decided in due consultation with the Stock Exchanges. The payment of dividend/dispatch of warrants will be completed within 30 days of declaration of second Interim Dividend that is on or before February 25, 2020.
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.