TCI Express Limited — Capital/Financing Update 2019

Mar 13, 2019

I!

TCIEX~RESS

lEA D,ER IN EXPRESS---

March 13, 2019

listing Department BSE limited Phiroze Jeejeebhoy Towers Dalal Street - Mumbai- 400001

Listing Department National Stock Exchange of India ltd., Ex~hange Plaza, C-l, Block G, Sandra Kurla Complex, Sandra (E) Mumbai - 400051

Scrip Code: 540212

Scrip Symbol: TCIEXP

Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 r'SEBI-Listing Regulations, 2015)

Dear Sir/Madam,

l~terms of regulation 30 of SEBI-Usting Regulations, 2015 read with Para A.l of SEBI Circular No. II CIR/CFD/CMD/4/2015 dated September 9, 2015, we wish to inform you that the Company is in process of ~bquiiing stake in Uketoru Co, Ltd, Japan as detail hereunder: II

	Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
	Regulations, 2015 r'SEBI-Listing Regulations, 2015) Dear Sir/Madam, l~terms of regulation 30 of SEBI-Usting Regulations, 2015 read with Para A.l of SEBI Circular No II CIR/CFD/CMD/4/2015 dated September 9, 2015, we wish to inform you that the Company is in process o ~bquiiing stake in Uketoru Co, Ltd, Japan as detail hereunder: II
S 1 2 4 5 61 7 8 91 '3	Tel Express Limited Details Uketo~u Co. Ltd (Investee Company) Turnover for the year ended March 31, 2018: 13,65,635 Yen The acquisition does not fall within Related Party Transaction. The Promoter/Promoter Group/ Group Companies have no' interest in the Investee Company. The Investee Company is.Express B2C technology Company. This is a strategic investment for business growth of the Company. None Upto April 30, 2019 Cash Particulars Name of target entity, detail in brief such as size, turnover etc Whether acquisition would fall within related party tran~action(s) and whether the .promoter/promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at ((arm length" Industry to. which the entity being acquired belongs Objects and effects of acquisition (including but , not limited to, disclose of reasons for acquisition of target entity, if its business is outside the main line business of listed entity) i Brief details of any governmental or regulatory I: approval required for the acquisition : .. '[ Indicative time period for completion of , acquisition i Nature of consideration-whether : cash consideration- or share swap and details of the same 1 Cost of acquisition or price at which the shares I are acquired I Percentage of shareholding/control acquired ; and/or number of shares acquired I ,I ;No 1! I 1 ~ 1 n
	Tel.:+91-124-2384090-94. Email:info@tciexpress.in • Website: www.tciexpress.in CIN:L62200TG2008PLC061781 Corporate Office: TCI House, Plot No. 69, Sector 32, Institutional Area, Gurugram - 122001, India

CIN:L62200TG2008PLC061781

Corporate Office: TCI House, Plot No. 69, Sector 32, Institutional Area, Gurugram - 122001, India Tel.:+91-124-2384090-94. Email: info@tciexpress.in • Website: www.tciexpress.in

Registered Office: Flat Nos. 306 & 307, 1-8-273, Third Floor, Ashoka Bhoopal Chambers, S.P.Road, Secunderabad - 500003 •Tel.: +91 4027840104

A~TCI Company

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10 Brief background about. the e.ntity acquired in terms of product/line of bus(ness acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information Onbrief)

Background:

Uketoru Co. Ltd is a Company incorporated i.n Japan (Irivestee Company).

Line of Business: The Investee COmpany is in ExpressB2Ctechnology business.

Date of Incorporation: April 27,2015

Last three TurnQver:

March 31, 2016: Nil March 31,2017: 3,20,000 Yen March 31, 2018: 13,65,635 Yen

Hope you shall find the same in order.

Thanking you,