Tata Teleservices (Maharashtra) has informed that the Finance Committee of the Board of Directors vide Resolution passed on October 18, 2016, has approved the allotment of 201,800,000, 0.1% Non-cumulative Redeemable Preference Shares of Rs 100 each aggregating Rs 20,180,000,000 to Tata Teleservices on preferential basis.
The above information is a part of company’s filings submitted to BSE.