Transport Corporation of India's shareholding in subsidiary TCI Cold Chain Solutions to reduce to 79.99%

Post investment of MITSUI in TCI Cold Chain Solutions

Transport Corporation of India announced that on 30 April, 2021, the company executed a Shareholder Agreement & Share Subscription Agreement with MITSUI & Co. (MITSUI) with respect to its subsidiary company i.e. TCI Cold Chain Solutions in which the Company currently holds 99.99% stake and which would stand reduced to 79.99% post investment by MITSUI.

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