Tilaknagar Industries has informed that the meeting of the Board of Directors of the Company is scheduled on 27/11/2019 to discuss/ finalize on Preferential Issue of Equity Shares to Strategic Investors towards raising of additional capital by the Company pursuant to Section 62 of the Companies Act, 2013 and as per the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018; and Any other matter with the permission of Chair. Pursuant to TI Code of Conduct for Prevention of Insider Trading, the Trading Window for dealing in the shares of the Company by the Designated Persons is already closed till 48 hours after declaration of the unaudited financial results (Standalone and Consolidated) of the Company for the quarter and half year ended September 30, 2019 as intimated in its letter dated November 14, 2019 bearing reference no. TI/BSE/COMP/19-20/57.
The above information is a part of company’s filings submitted to BSE.
