Transport Corporation of India has informed that the Board of Directors of the Company at its meeting held on July 23, 2014, inter alia, has in-principally approved the proposal of raising the equity through any possible conductive routine including QIP / PE Funds etc. upto a sum not exceeding Rs. 100 crores in one or more tranches in order to fund its forthcoming capex programme.
The above information is a part of company’s filings submitted to BSE.