TCI Express Limited — Capital/Financing Update 2025

May 29, 2025

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Dated: May 29, 2025

To, The Listing Department, The National Stock Exchange of India Ltd., “Exchange Plaza”, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 ScripSymbol: TCIEXP	To, The Listing Department, BSE Ltd., Phiroz Jeejeebhoy Towers, Dalal Street Mumbai – 400001 ScripCode:540212

Sub: Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 Ref-Issuance of SBLC in favour of Wos

Dear Sir/Madam,

This is in reference to our communication letter dated February 06, 2025, on the subject captioned above, where we have informed that the Board of Directors of TCI Express Limited (‘the Company’) granted approval to issue stand by letter of credit (‘SBLC’) for an amount not exceeding ₹ 15.00 Crores (Equivalent to Singapore dollars), in one or more tranches, on behalf of TCI Express Pte. Ltd, Wholly Owned Subsidiary (‘Wos’) of the Company.

In this regard we wish to inform your good office that, based on said approval and request made by the Company, DBS Bank India Limited has issued SBLC on behalf of the Company’s Wos to DBS Bank Limited in Singapore, for an aggregate amount of 13,84,374.53 Singapore Dollars (Equivalent to INR).

The detailed disclosure in respect of the said issuance of SBLC in favour of Wos, as required under Regulation 30 read with Para-A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-l/P/CIR/2023/123 dated July 13, 2023 is enclosed herewith as Annexure-1.

We request you to kindly take the above information on records.

Thanking you,

For TCI Express Limited

Digitally signed by PRIYANKA PRIYANKA Date: 2025.05.29 23:22:40 +05'30'

PRIYANKA (Company Secretary & Compliance Officer) Encl: as above

91 40 27840104

Website: www.tciexpress.in Corporate Office: Plot No. 84, 3[rd] Floor, Sector 32, Institutional Area, Gurugram - 122001, India Tel.: +91-124-2384090-94 • Email: info@tciexpress.in • CIN: L62200TG2008PLC061781 Registered Office: Flat Nos. 306 & 307, 1-8-273, Third Floor, Ashoka Bhoopal Chambers, S. P. Road, Secunderabad – 500003 • Tel.: ++91 40 27840104

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Annexure-1

Sr. No	Particulars	Details
1.	The name of party for which such guarantees/(SBLC) or indemnity or surety was given	TCI Express Pte. Ltd is Wos of the Company.
2.	Whether the promoter/ promoter group/ group Companies have any interest in this transaction? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”.	TCI Express Pte. Ltd., being a Wos is a related party of the Company. Mr. Chander Agarwal- Managing Director of TCI Express Limited act as an Executive Director of the Wos. Save and except what is mentioned above, the promoters/promoter group/group companies are not interested in the transaction. The transaction is at arms’ length
3.	Brief details of such guarantee or indemnity or becoming a surety viz. brief details of agreement entered (if any) including significant terms and conditions, including amount of guarantee.	DBS Bank India Limited has issued SBLC in favour of DBS Bank Limited located in Singapore for an aggregate amount of 13,84,374.53 Singapore Dollars for a period of two years, to fulfill the loan/financial obligations of TCI Express Pte. Ltd., supporting its operational and business needs.
4.	Impact of such guarantees or indemnity or surety on listed entity.	The SBLC to be provided will be a contingent liability for the Company. This will be provided on behalf of a Wos, which is part of the consolidatedgroup.

For TCI Express Limited

PRIYANK Digitally signed by PRIYANKA A Date: 2025.05.29 23:23:03 +05'30' PRIYANKA (Company Secretary & Compliance Officer)

91 40 27840104

Website: www.tciexpress.in Corporate Office: Plot No. 84, 3[rd] Floor, Sector 32, Institutional Area, Gurugram - 122001, India Tel.: +91-124-2384090-94 • Email: info@tciexpress.in • CIN: L62200TG2008PLC061781 Registered Office: Flat Nos. 306 & 307, 1-8-273, Third Floor, Ashoka Bhoopal Chambers, S. P. Road, Secunderabad – 500003 • Tel.: ++91 40 27840104