TCI Industries has informed that pursuant to the Members approval accorded through Postal Ballot on March 25, 2023, the Share Allotment Committee of the Board of Directors of the Company at its meeting held today December 20, 2023 has issued and allotted 13,750, nos. of 0% Non-Convertible Redeemable Preference Shares (NCRPS) of Face Value of Rs 100 each at a premium of Rs 300 each on Private Placement basis to the persons belonging to the Promoter and Promoter Group of the Company for cash. Details of the same are enclosed.
The above information is a part of company’s filings submitted to BSE.
