TCI Express: Independent Directors Murali Krishna Chevuturi and Prashant Jain Cease Tenure on August 17, 2026
TCI Express Limited's Independent Directors, Mr. Murali Krishna Chevuturi and Mr. Prashant Jain, will cease their tenures on August 17, 2026, upon completing their second terms. They will also step down from all board committees. The company thanked them for their contributions.
The cessation of tenure for independent directors upon completion of their terms is a standard corporate governance procedure and is not expected to have a significant impact on the company's day-to-day operations or strategic direction.
The departure of independent directors upon completion of their terms is a routine event and does not inherently carry a positive or negative connotation for the company's operations or financial performance.
TCI Express Limited announced that the tenures of its Independent Directors, Mr. Murali Krishna Chevuturi (DIN: 01770851) and Mr. Prashant Jain (DIN: 00769291), have concluded at the close of business hours on August 17, 2026. This cessation is due to the completion of their respective second terms as Independent Directors.
Consequently, both directors will also cease to hold their positions as Chairman or Member of any Board Committees of the Company, effective from the same date.
The company has expressed its sincere appreciation and gratitude to Mr. Chevuturi and Mr. Jain for their valuable guidance, advice, and contributions during their tenures.
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TCI Express Limited filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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