Tayo Rolls has informed that the Committee of the Board at their meeting held on November 16, 2016 have decided to allot 6,00,000 7.17% Non-cumulative Redeemable Preference Shares of Rs 100 each aggregating to Rs 6,00,00,000 to Tata Steel, the Promoter on Preferential basis.
The above information is a part of company’s filings submitted to BSE.