TCI Industries has informed that pursuant to the Members approval accorded in their Annual General Meeting held on August 02, 2016, the Share Allotment Committee of the Board of Directors of the Company at its meeting held on February 17, 2017 has issued and allotted 31402, 0% Non-Convertible Redeemable Preference Shares (NCRPS) of Face Value of Rs 100 each at a premium of Rs 300 each to the entities belonging to the Promoter & Promoter Group of the Company.
The above information is a part of company’s filings submitted to BSE.
