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 i.e., July 31, 2021 has issued and allotted 1,375, nos. of 0% Non-Convertible Redeemable Preference Shares (NCRPS) of Face Value of Rs 100 each at a premium of Rs 300 each to the following entities belonging to the Promoter and Promoter Group of the Company for cash: Transcorp Estates, No. of NCRPS Allotted - 1250; Vineet Agarwal, No. of NCRPS Allotted - 125.
The above information is a part of company’s filings submitted to BSE.
