TCI Express Limited Recommends Dividend for the Fourth Quarter of 2022
May 27, 2022 at 07:01 am EDT
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The Board of Directors of TCI Express Limited has recommended a dividend of INR 2 per share for Fourth Quarter FY22, taking total dividend to INR 8 per share in FY22, representing a payout of 400 % on the face value.
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 
