TCI Express Ltd. has announced the Board of Directors of the company at its meeting held on January 31, 2017, has declared payment of second interim dividend at the rate of 50% (INR 1.00 per share of face value of INR. 2 each). The payment of dividend/dispatch of warrants will be completed within 30 days of declaration of second interim dividend. The record date is February 08, 2018.
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.