TCI would be shifted out of S&P BSE 500, S&P BSE AllCap, S&P BSE Industrials, S&P BSE MidSmallCap and S&P BSE SmallCap.
The company would be replaced by Infibeam Incorporation Ltd on S&P BSE 500 from August 26.
"Transport Corporation of India is demerging its express distribution business effective August 26, 2016," BSE said in a statement.
"Effective at the open of Friday, August 26, 2016... changes will be made to the...indices," it added.
Last year, TCI's board had approved the demerger of its express distribution division undertaking into wholly-owned subsidiary TCI Express Ltd.
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