TCI Industries has informed that pursuant to the Members approval accorded through Postal Ballot on May 28, 2021, the Share Allotment Committee of the Board of Directors of the Company at its meeting held today, June 22, 2021 has issued and allotted 1,250, nos. of 0% Non-Convertible Redeemable Preference Shares (NCRPS) of Face Value of Rs. 100 (Rupees Hundred only) each at a premium of Rs. 300/- (Rupees Three Hundred only) each to Kanika Agarwal, a person belonging to the Promoter and Promoter Group of the Company for cash. As the Company allotted Non-Convertible Redeemable Preference Shares, there is no change in the paid-up equity share capital of the Company. The said shares shall not be convertible into equity shares, accordingly, the same shall not be listed with any Stock Exchange.
The above information is a part of company’s filings submitted to BSE.
