Transformers And Rectifiers (India) has informed that the Board of Directors at its meeting held on today were considered, discuss and approved following: Issuance of Equity Shares by way of preferential issue on private placement basis to Non-Promoter Group Category; Issuance of secured, redeemable, non-convertible debentures (NCDs) and secured Optionally Convertible Debenture (OCDs) by way of preferential issue on private placement basis to Non-Promoter Group Category; Approval of Notice of Extra Ordinary General Meeting (EGM) of the Company to be held on Friday, 6th October, 2023 through VC/OA VM, to seek necessary approvals of the members/shareholders for the above mentioned two matter. The Notice of Extra Ordinary General Meeting and other relevant documents shall be submitted in due course.
The above information is a part of company’s filings submitted to BSE.
