TCI Industries has informed that pursuant to the Members approval accorded through Postal Ballot on October 30, 2017, the Share Allotment Committee of the Board of Directors of the Company at its meeting held today i.e. March 30, 2018 has issued and allotted 1,500, 0% Non-Convertible Redeemable Preference Shares (NCRPS) of Face Value of Rs 100 each at a premium of Rs 300 each to ABC India, entity belonging to the Promoter and Promoter Group of the Company for cash.
The above information is a part of company’s filings submitted to BSE.
