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Transport Corporation of India informs about updates on scheme of arrangement

07 Jun 2016 Evaluate

With reference to the earlier letter dated April 19, 2016, intimating about the hearing of petition on June 06, 2016 on the Scheme of Arrangement between Transport Corporation of India and TCI Express and their respective Shareholders and Creditors before the Hon’ble High Court of Judicature at Hyderabad for the State of Telangana and for the State of Andhra Pradesh, the appointed date being close of working hours of March 31, 2016. In this regard, Transport Corporation of India has now informed that on the scheduled date, the matter came up for hearing only at 4.25 p.m. before the High Court & was adjourned for hearing on Monday, the June 13, 2016. Accordingly, the matter is now posted for hearing on Monday, the June 13, 2016.

The above information is a part of company’s filings submitted to BSE.

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