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Tcl
'' EXPRESS Limited (formerly TCI Properties(pune) Limited)
corporate office:Tcl House, Plot No. 69,, sector 32, lnstitutional
Area-, Gurg"on - izzooz, Haryana, lndia
Tel.:+91-124-23840!10-894 Fax:+91-121-23f32113 Email:info@tciexpress.i Website:wwww.tciexpress.in
RegisterrrJOffice:FlatNos.3o6&3o7,14-2T3,ThitdFloor,AshokaBhoopal Chambers, SPRoad,secunderabad-5oooo3Tel.:+g1 4027840104
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RX049366585tN Sr.No. 7859 Date:0810912016
0000383
S N CHAUDHRI
INSTITUTE VILL DAULATPUR
P O AMGACHIA VIA JOKA
DIS 24 PARGANAS W B
PIN: 743517

Subject: AIIotment of Fresh Equity Shares pursuant to Scheme of Arranoement betu€en Transoort Corporation
of lndia Limited and TCI Express Limited and their respective shareholders and creditors

The Hon'ble High Court of Hyderabad for the state of Telangana and Andhra Pradesh, vide its order dated June 14,
2016, had sanctioned the Scheme of Arrangement between Transport Corporation of lndia Limited (TCl) and TCI
Express Limited (TCIEL) and their respective shareholders and creditors. Pursuant to the Scheme of
Arrangement,'fClEl has issued and allotted to the shareholders of TCl, whose names are appearing in the Register of
Members of TCI as on the Record Date i.e August 29, 2016, one (1) Equity Share having face value of Rs. 27-
11wo)
each of TCIEL for every Two (2) Equity Shares having face value of Rs. 2 (Two) each held by them in TCl. The traciionai
entitlements, if any, to the eligible shareholders of TCl, arising will be remitted in due course.
Consequently, you are entitled to the following fesh Equity Shares of the Company and the same has been credited to
your Demat AccounUPhysical Share Certificate has been issued, as the case may be:
No. of Equity No. of fresh Date of Distinctive Nos. Gertificate No.
Shares of Rs. 2/- Equity Shares of CrediUDate of (for Physical Certificates) (for Physical
each held as on Rs. 2/- each Dispatch Certificates)
Record Date in allotted in TCIEL
TCt
From To
375 4BV '- 12t09t2016 -36792180 36792366 27517
The requisite applications for listing and tradlng of TCIEL fresh Equity Shares are being made to National Stock
Exchange of lndia Limited (NSE Ltd) and BSE Limited. Members are advised not to trade/deai in the fresh Equity Shares
of TCIEL before Listing and trading approval. ln case they do, it will be at their own risk.
Gost of Acquisition in accordance with Section 49(2C) and 49 (2D) of the lncome Tax Act, 1961
This communication is being issued for general grticiance of the shareholders for computing the proportionate cost of
acquisition of the Equity Shares of TCIEL vis-d-vis the cost of acquisition of the original Equity Shares of TCI for the
purposed of computing the capital gain/loss as per the provisions of the lncome Tax, 1961 arising upon sale of Equity
Shares.
Seclion 49 (2) of the Act provides that the cost of acquisition of the shares of TCIEL is to be comp1lted by applying of the
net book value of the assets of the Demerged Undertaking to the net worth of the TCI immediately before the demerger.
Accordingly, the cost of acguisition of the Equity Shares of the TCI shall be original cost of acquisition reduced bylhe
cost of acquisition asce(ained for the shares of TCIEL under section 49(2D) of the Act.
ln terms of the Scheme,'the Assets and Liabilities of the XPS urydertlkiry_ o! JQ haye been tr_ansferrcd to_TClEt ar vatr_,e _

appeai'iirg inihe-books of acEourlisd TCl-aTihe croSe ol-biisineathburs ot Uarctr 31, 2016, being the Appointed Date.
The book value of the Net Assets transferred by TCI to TCIEL was Rs. 122.95 Crores and the book value of the Net
Assets that remained was Rs. 509.71 Crores.
For the purpose of determining the post demerger cost of acquisition of Equity Shares of TCI and the Resulting
Company-TCIEL under the Act, you are advised to apportion your pre-demerger cost of acquisition of TCI shares in th6
following n'ranner:
Name of ComEny o/o
of Cost of acquisition
Transport.Corporation of lndia Limited 80.57 o/a

TCI Express Limited 19.43 %

Total 100.00 %
Please note that this communication pertaining to co* of acquisi,lion is merely b. the general guidance of the shareholders and should not be considered
as a substiiute for any lndependent opinion that ttle shareholdet may obtain. The concemed regulatory, statutory or judicial authority, including any
assessing officer/appropriate appellaG authority, cou{d liake a difierent vie$r. The Company takes no express or implied liabiiity in relation to'this guidaice. '

Thanking You,

For TCI EXPRESS Lirnited

V,tma,y Sulral
Cnrn.par?y Secretary & Ccnirlianci* *'ficer"