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Outcome of board meeting of Transport Corporation of India

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Capital Market

Held on 31 October 2014

Transport Corporation of India announced that the Board of Directors of the Company at its meeting held on 31 October 2014, inter alia, has approved the following:

1. Policy on Material Subsidiaries.

2. Constitution of Capital & Restructuring Committee of the Company to evaluate & finalise the following:

a. Streamlining of overseas subsidiaries structure; &

b. Fund raising plans of the Company as approved by the Board in the previous meeting held on 23 July 2014.

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First Published: Oct 31 2014 | 5:38 PM IST

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