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Tata Teleservices (Maharashtra) informs about outcome of board meeting

09 Aug 2022 Evaluate
Tata Teleservices (Maharashtra) has informed that the Board at their meeting held on August 9, 2022, transacted the following items of business: Financial Results approved the unaudited financial results of the Company as per Indian Accounting Standards (INDAS). It enclosed the Unaudited Financial Results for the quarter ended June 30, 2022, along with the Limited Review report issued by the Statutory Auditors of the Company; Extension of term of redemption of Redeemable Preference Shares approved further extension of the term of redemption by 24 months from September 18, 2022, in respect of the 20,18,00,000 - 0.1% Non-Cumulative Non-Convertible Redeemable Preference Shares ('RPS') of Rs 100 each aggregating Rs 2,018 Crores issued to Tata Teleservices ('Promoter'/'TTSL') on preferential basis on October 18, 2016.

The above information is a part of company’s filings submitted to BSE.

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