Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements Regulations) 2015, Tirupati Starch & Chemicals has informed that the Board of Directors of the Company in their meeting held today ie. Monday, 22d March, 2021, have allotted 27,50,000 Non Convertible, Non-Cumulative, Redeemable within 20 years from the date of allotment thereof and shall carry 0% dividend on such shares Preference Shares of Rs 10 each aggregating to Rs 2,75,00,000 to enclosed allottees, other than their existing ratio for cash at par.
The above information is a part of company’s filings submitted to BSE.
