May 16, 2018 / 12:55 PM / 2 months ago

BRIEF-Transport Corp Of India March Qtr Profit Rises

May 16 (Reuters) - Transport Corporation of India Ltd :

* APPROVES FURTHER ISSUE OF SECURITIES UPTO AN AMOUNT OF 3 BILLION RUPEES

* APPROVES ACQUISITION OF 100 PERCENT EQUITY SHARES OF SCM LOGFOCUS INDIA LTD

* MARCH QUARTER NET PROFIT 326.6 MILLION RUPEES VERSUS PROFIT 185.4 MILLION RUPEES YEAR AGO

* MARCH QUARTER INCOME FROM OPERATIONS 6.05 BILLION RUPEES VERSUS 4.82 BILLION RUPEES YEAR AGO

* APPROVES INCREASE IN LIMIT OF BORROWINGS TO 10 BILLION RUPEES

* SAYS CO APPROVED RE-APPOINTMENT OF D P AGARWAL AS CHAIRMAN AND MD

* SAYS CO APPROVED RE-APPOINTMENT OF VINEET AGARWAL AS MD

* SAYS CO GAVE IN-PRINCIPLE APPROVAL FOR HIVING OFF COLD CHAIN UNIT OF CO Source text - bit.ly/2ImZY06 Further company coverage:

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